The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 2.130800000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.350700000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.909200000 |
2nd High | 2.728100000 |
Next High | 2.350700000 |
Current Price | 2.193500000 |
Next Low | 2.130800000 |
2nd Low | 1.900000000 |
3rd Low | 1.283300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers