The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A descent downwards to the next support line at 2.090100000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 2.468300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.728100000 |
2nd High | 2.474300000 |
Next High | 2.468300000 |
Current Price | 2.282700000 |
Next Low | 2.090100000 |
2nd Low | 2.016000000 |
3rd Low | 1.995400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down