Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support at 3.156800000 is certain.
Caution: A possible change in the direction of resistance at 3.279500000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.347500000 |
| Next High | 3.279500000 |
| Current Price | 3.176700000 |
| Next Low | 3.156800000 |
| 2nd Low | 3.152100000 |
| 3rd Low | 3.008700000 |
3.279500000 – 3.347500000 – 3.340400000 – 3.156800000 – 3.152100000 – 3.208300000 — 44.041827928985 – 42.565293490446
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –