XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 1.946 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.8879 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘ ‘ indicator layout is detected. The indicator is ‘ ‘. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.0299 |
| 2nd High | 1.9907 |
| Next High | 1.946 |
| Current Price | 1.906900000 |
| Next Low | 1.8879 |
| 2nd Low | 1.8712 |
| 3rd Low | 1.87 |
1.946 – 1.9907 – 2.0299 – 1.8879 – 1.9016 – 1.8712 —
1.889500000 – 1.914800000 —
36.070255873321 – 42.353075714293 —
– —
1.94600 – 1769439600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –