Sell XRP/USDT – 30M – SELL

The currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards

A bearish trend down to the next support level at 3.167500000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3.578700000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 3.660700000
2nd High 3.649500000
Next High 3.578700000
Current Price 3.193800000
Next Low 3.167500000
2nd Low 2.987300000
3rd Low 2.877400000

3.578700000 – 3.649500000 – 3.580900000 – 3.421800000 – 3.499600000 – 3.403800000

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