The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 3.156000000 will persist.
Caution: A possible change in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading 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 | 3.136800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.156000000 – 3.140700000 – 3.142700000 – 3.002400000 – 3.029500000 – 2.991500000 — 65.511157802279 – 66.700961330691
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –