XRP/USDT – 1H – SELLThe currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A descent downwards to the next support level at 3.202600000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 3.335000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.382500000 |
| 2nd High | 3.347500000 |
| Next High | 3.335000000 |
| Current Price | 3.322200000 |
| Next Low | 3.202600000 |
| 2nd Low | 3.115200000 |
| 3rd Low | 2.964100000 |
3.335000000 – 3.306700000 – 3.334200000 – 3.202600000 – 3.115200000 – 3.152100000 — 62.068478573446 – 60.92573570075
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Rising Wedge Chart Pattern – –