The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 1.4209 will continue.
Caution: A possible change in the direction of the support level at 1.3929 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish 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 | 1.4503 |
| 2nd High | 1.4466 |
| Next High | 1.4209 |
| Current Price | 1.400800000 |
| Next Low | 1.3929 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4209 – 1.399 – 1.4003 – 1.3929 – 1.3829 – 1.3814 —
1.401600000 – 1.398400000 —
45.217228719908 – 48.341806200168 —
– —
1.4209 – 1777867200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –