XRP/USDT – 4H – SELLAnd also a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 1.8873 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.9907 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.1397 |
| 2nd High | 3.0998 |
| Next High | 1.9907 |
| Current Price | 1.905700000 |
| Next Low | 1.8873 |
| 2nd Low | 1.87 |
| 3rd Low | 1.847 |
1.9907 – 3.0998 – 2.9955 – 1.8873 – 1.87 – 1.847 —
1.917900000 – 1.936600000 —
41.262328721907 – 53.493298757077 —
– —
1.99070 – 1769025600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –