XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 3.162100000 is certain.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.330800000 |
| 2nd High | 3.185600000 |
| Next High | 3.162100000 |
| Current Price | 3.160000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.162100000 – 3.185600000 – 3.330800000 – 3.001000000 – 3.053300000 – 3.078800000 — 58.984611292658 – 60.14539176676
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – –