The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A descent downwards to the next support level at 2.973600000 is certain.
Caution: A possible change in the direction of resistance at 3.128000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.156000000 |
| 2nd High | 3.147200000 |
| Next High | 3.128000000 |
| Current Price | 3.003500000 |
| Next Low | 2.973600000 |
| 2nd Low | 2.969700000 |
| 3rd Low | 2.782600000 |
3.128000000 – 3.088600000 – 3.075600000 – 2.973600000 – 2.997100000 – 3.007200000 — 42.634553555352 – 42.324606158372
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Triple top chart pattern – –