XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 3.049600000 will continue.
Caution: A possible counter-trend in the direction of the support level at 2.964200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 3.185800000 |
| 2nd High | 3.066900000 |
| Next High | 3.049600000 |
| Current Price | 3.049700000 |
| Next Low | 2.964200000 |
| 2nd Low | 2.953200000 |
| 3rd Low | 2.935700000 |
3.049600000 – 3.043000000 – 3.066900000 – 2.964200000 – 2.970800000 – 2.953200000 — 63.784890166099 – 65.080357623015
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top chart pattern – –