The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 1.9358 is expected.
Caution: A possible change in the direction of the support level at 1.9016 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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 | 1.9907 |
| 2nd High | 1.9647 |
| Next High | 1.9358 |
| Current Price | 1.914000000 |
| Next Low | 1.9016 |
| 2nd Low | 1.8712 |
| 3rd Low | 1.87 |
1.9358 – 1.9647 – 1.9907 – 1.9016 – 1.8712 – 1.87 —
1.918900000 – 1.916800000 —
36.957315270262 – 37.493307304673 —
– —
1.93580 – 1769110200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –