The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 2.974400000 is certain.
Caution: A possible reversal of the trend in the direction of support at 2.782600000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.128000000 |
| 2nd High | 3.053500000 |
| Next High | 2.974400000 |
| Current Price | 2.873800000 |
| Next Low | 2.782600000 |
| 2nd Low | 2.763700000 |
| 3rd Low | 2.662900000 |
2.974400000 – 3.053500000 – 3.128000000 – 2.919300000 – 2.973600000 – 2.997100000 — 33.710313447955 – 39.505288619707
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –