The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support at 2.133400000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 2.237900000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.332500000 |
2nd High | 2.317300000 |
Next High | 2.237900000 |
Current Price | 2.182100000 |
Next Low | 2.133400000 |
2nd Low | 2.114900000 |
3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows