XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) moves from the descending trendline up.
A bullish trend upwards to the next resistance at 3.026300000 is considered certain.
Caution: A possible trend reversal in the direction of support at 2.887600000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which 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 | 3.081700000 |
| 2nd High | 3.045400000 |
| Next High | 3.026300000 |
| Current Price | 2.943600000 |
| Next Low | 2.887600000 |
| 2nd Low | 2.822300000 |
| 3rd Low | 2.782600000 |
3.026300000 – 3.045400000 – 3.027900000 – 2.943200000 – 2.953000000 – 2.988200000 — 37.931869378445 – 38.69395912928
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –