XRP/USDT – 1H – SELL

Additionally a ‘Double top chart pattern’ chart formation is found. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

The combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.

A bearish descent down to the next support line at 2.964100000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 3.347500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.347500000 – 3.382500000 – 3.018700000 – 3.205100000 – 2.964100000 – 2.901400000 — 41.747365734619 – 37.497296777393

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top chart pattern – –