Sell XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 1.3485 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.4943 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.3421 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.4943 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.6714
2nd High 1.5171
Next High 1.4943
Current Price 1.414200000
Next Low 1.3485
2nd Low 1.3461
3rd Low 1.3421

1.4943 – 1.5171 – 1.6714 – 1.4268 – 1.3485 – 1.3461 —
1.424400000 – 1.438100000 —
28.406453267173 – 44.960590648253 —
– —
1.4943 – 1771401600

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