XRP/USDT – 30M – SELLThere is also a ‘Triple top chart pattern’ chart pattern is detected. The formation shows ‘Triple top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The currency pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support at 2.778000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 2.828900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.884900000 |
| 2nd High | 2.865300000 |
| Next High | 2.828900000 |
| Current Price | 2.796300000 |
| Next Low | 2.778000000 |
| 2nd Low | 2.762000000 |
| 3rd Low | 2.697500000 |
2.828900000 – 2.865300000 – 2.884900000 – 2.812300000 – 2.800000000 – 2.778000000 — 34.261409110321 – 36.8989123127
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – Triple top chart pattern – –