Buy XRP/USDT – 4H – BUY

The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 3.128000000 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 2.782600000 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 3.0669 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 3.128000000 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 3.128000000
Current Price 2.973600000
Next Low 2.782600000
2nd Low 2.196000000
3rd Low 2.078200000

3.128000000 – 3.105600000 – 3.156000000 – 2.782600000 – 2.818400000 – 2.991500000 — 46.825698128348 – 51.738175790355

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