The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline upwards
A bullish trend upwards to the next resistance line at 2.0661 is expected.
Caution: A possible change in the direction of the support zone at 2.0536 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency 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 | 2.0798 |
| 2nd High | 2.0673 |
| Next High | 2.0661 |
| Current Price | 1.958000000 |
| Next Low | 2.0536 |
| 2nd Low | 2.0263 |
| 3rd Low | 1.2543 |
2.0661 – 2.0618 – 2.0673 – 2.0536 – 2.0263 – 2.0577 — 22.443959797123 – 25.479460298914 — 20.2858839895 – 25.901068789456 – 12.406560131884 – 19.403915290085
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –