XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
The bearish trend down to the next support at 2.114900000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 2.237900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish SBS White Lines’ candle pattern is detected. The chart forms ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.332500000 |
| 2nd High | 2.317300000 |
| Next High | 2.237900000 |
| Current Price | 2.193500000 |
| Next Low | 2.114900000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish SBS White Lines