XRP/USDT – 30M – SELL

There is also a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The currency pair Ripple/Tether (XRP/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 3.141000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.141000000 – 3.156000000 – 3.140700000 – 3.111500000 – 3.082900000 – 3.002400000 — 47.420533584385 – 43.859372504118

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