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
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double top chart pattern – –