Sell XRP/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards

The bearish trend downwards to the next support at 1.3366 is expected.

Caution: A possible trend reversal in the direction of resistance at 1.3712 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.4525
2nd High 1.3749
Next High 1.3712
Current Price 1.340000000
Next Low 1.3366
2nd Low 1.3341
3rd Low 1.27

1.3712 – 1.3749 – 1.4525 – 1.346 – 1.396 – 1.4085 —
1.353100000 – 1.354500000 —
42.44577533929 – 45.005765708037 —
– —
1.3712 – 1772964000

Trading Signals:

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