XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 1.9358 is expected.
Caution: A possible change in the direction of the support line at 1.9016 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ going 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 | 1.914200000 |
| Next Low | 1.9016 |
| 2nd Low | 1.8712 |
| 3rd Low | 1.87 |
1.9358 – 1.9647 – 1.9907 – 1.9016 – 1.8712 – 1.87 —
1.914000000 – 1.912900000 —
45.177505229101 – 42.116699594697 —
– —
1.93580 – 1769110200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –