The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.3936 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.365 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4427 |
| 2nd High | 1.4112 |
| Next High | 1.3936 |
| Current Price | 1.374500000 |
| Next Low | 1.365 |
| 2nd Low | 1.333 |
| 3rd Low | 1.3218 |
1.3936 – 1.4112 – 1.4427 – 1.365 – 1.366 – 1.3706 —
1.384000000 – 1.375800000 —
49.348288171549 – 43.981020094548 —
– —
1.3936 – 1773315000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –