Sell XRP/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support line at 2.662900000 is certain.

Caution: A possible trend reversal in the direction of resistance at 2.847600000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.975000000
2nd High 2.847900000
Next High 2.847600000
Current Price 2.794000000
Next Low 2.662900000
2nd Low 2.659600000
3rd Low 2.248500000

2.847600000 – 2.847900000 – 2.975000000 – 2.662900000 – 2.659600000 – 2.248500000

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