XRP/USDT – 1H – SELL

The currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.

A bearish movement down to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.9378 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

1.9378 – 1.9295 – 1.946 – 1.5879 – 1.7107 – 1.8654 —
1.616600000 – 1.633900000 —
49.479996752583 – 53.808389461195 —
– —
1.9378 – 1769605200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Rising Wedge Chart Pattern – –