The combination Ripple/Tether (XRP/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support at is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.6339 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.89 |
| 2nd High | 1.7847 |
| Next High | 1.6339 |
| Current Price | 1.583300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6339 – 1.6216 – 1.6257 – 1.5274 – 1.7113 – 1.7107 —
1.617600000 – 1.596400000 —
52.451675820759 – 51.295105180438 —
– —
1.6339 – 1770150600