XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance at 3.178400000 will persist.

Caution: A possible counter-trend in the direction of the support zone at 2.892000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.178400000 – 3.162100000 – 3.150000000 – 2.892000000 – 3.001000000 – 3.040300000 — 59.401925774574 – 61.104465034624

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –