XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 3.162100000 will continue.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 3.137800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.162100000 – 3.150000000 – 3.185600000 – 3.001000000 – 3.040300000 – 3.093200000 — 59.7735809692 – 60.232294448494
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern –