XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline upwards
A bullish ascent up to the next resistance level at 3.330800000 is likely expected.
Caution: A possible change in the direction of support at 3.163000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.649500000 |
| 2nd High | 3.578700000 |
| Next High | 3.330800000 |
| Current Price | 3.145500000 |
| Next Low | 3.163000000 |
| 2nd Low | 3.156400000 |
| 3rd Low | 2.998100000 |
3.330800000 – 3.238700000 – 3.209800000 – 3.163000000 – 3.156400000 – 3.158400000 — 39.590954845078 – 40.726173370904
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – –