Sell XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at 1.8879 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 1.9242 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.9057788 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 1.9242 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.9907
2nd High 1.9656
Next High 1.9242
Current Price 1.913100000
Next Low 1.8879
2nd Low 1.8873
3rd Low 1.8712

1.9242 – 1.9656 – 1.9358 – 1.8879 – 1.91 – 1.9152 —
1.928800000 – 1.920000000 —
56.62904166092 – 52.469659236628 —
– —
1.92420 – 1769261400

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