The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.946 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.8879 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘StochOSC Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9907 |
| 2nd High | 1.9656 |
| Next High | 1.946 |
| Current Price | 1.899200000 |
| Next Low | 1.8879 |
| 2nd Low | 1.8873 |
| 3rd Low | 1.8712 |
1.946 – 1.9242 – 1.9656 – 1.8879 – 1.91 – 1.9152 —
1.921800000 – 1.903100000 —
44.235966306615 – 36.769050868538 —
– —
1.94600 – 1769439600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –