XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 3.162100000 will persist.
Caution: A possible counter-trend in the direction of the support line at 3.001000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 3.158000000 |
| Next Low | 3.001000000 |
| 2nd Low | 2.998100000 |
| 3rd Low | 2.955500000 |
3.162100000 – 3.150000000 – 3.185600000 – 3.001000000 – 3.040300000 – 3.093200000 — 63.194081479091 – 64.251591091735
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – –