XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline upwards
An ascent upwards to the next resistance line at 3.351200000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3.115200000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern 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 | 3.578700000 |
| 2nd High | 3.382500000 |
| Next High | 3.351200000 |
| Current Price | 3.086200000 |
| Next Low | 3.115200000 |
| 2nd Low | 2.964100000 |
| 3rd Low | 2.901400000 |
3.351200000 – 3.335000000 – 3.306700000 – 3.202600000 – 3.115200000 – 3.152100000 — 28.984168748174 – 30.200399113245
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –