XRP/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.

A bearish descent down to the next support level at 3.226600000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 3.351200000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

3.351200000 – 3.335000000 – 3.306700000 – 3.226600000 – 3.202600000 – 3.115200000 — 43.835324375852 – 40.09627363973

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –