XRP/USDT – 30M – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 3.036500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.081700000 |
| 2nd High | 3.045400000 |
| Next High | 3.036500000 |
| Current Price | 2.956100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.036500000 – 2.996400000 – 2.928500000 – 2.936700000 – 2.933700000 – 2.792700000 — 50.108049439536 – 48.180511691603
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Rising Wedge Chart Pattern – –