XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 3.156000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.351200000 |
| Next High | 3.156000000 |
| Current Price | 3.107700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.156000000 – 3.140700000 – 3.142700000 – 3.002400000 – 3.029500000 – 2.991500000 — 52.16865795981 – 53.63004125481
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –