XRP/USDT – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A descent downwards to the next support level at 3.077300000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 3.147200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.351200000 |
| 2nd High | 3.156000000 |
| Next High | 3.147200000 |
| Current Price | 3.056300000 |
| Next Low | 3.077300000 |
| 2nd Low | 3.002400000 |
| 3rd Low | 2.991500000 |
3.147200000 – 3.141000000 – 3.156000000 – 3.077300000 – 3.111500000 – 3.082900000 — 38.220878791892 – 29.631670797945
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –