The currency pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 3.058600000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.066900000 |
| Next High | 3.058600000 |
| Current Price | 3.027100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.058600000 – 3.049600000 – 3.043000000 – 3.000400000 – 2.964200000 – 2.970800000 — 53.146302806729 – 48.757214727197