Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support level at 2.0819 is certain.
Caution: A possible change in the direction of resistance at 2.1765 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.8407 |
| 2nd High | 2.8372 |
| Next High | 2.1765 |
| Current Price | 2.088100000 |
| Next Low | 2.0819 |
| 2nd Low | 1.2543 |
| 3rd Low |
2.1765 – 2.8372 – 2.8407 – 2.0819 – 2.1116 – 1.2543 — 40.852574906959 – 37.556102288202 — 61.49655161062 – 28.163218277287 – 83.574292600497 – 60.136947969648
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –