The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 3.185600000 is certain.
Caution: A possible change in the direction of the support line at 3.078800000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 3.138272 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 3.185600000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. 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 | 3.578700000 |
| 2nd High | 3.330800000 |
| Next High | 3.185600000 |
| Current Price | 3.150000000 |
| Next Low | 3.078800000 |
| 2nd Low | 2.998100000 |
| 3rd Low | 2.955500000 |
3.185600000 – 3.330800000 – 3.238700000 – 3.078800000 – 3.163000000 – 3.156400000 — 42.945669026853 – 53.39857421041
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up –