Sell XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 2.964200000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 3.049600000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 3.185800000
2nd High 3.066900000
Next High 3.049600000
Current Price 3.020200000
Next Low 2.964200000
2nd Low 2.953200000
3rd Low 2.935700000

3.049600000 – 3.043000000 – 3.066900000 – 2.964200000 – 2.970800000 – 2.953200000 — 53.960407784173 – 51.595554459057

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