The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
The bearish trend downwards to the next support level at 1.3193 will continue.
Caution: A possible change in the direction of the resistance level at 1.3752 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Also there is a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3962 |
| 2nd High | 1.3898 |
| Next High | 1.3752 |
| Current Price | 1.335200000 |
| Next Low | 1.3193 |
| 2nd Low | 1.2949 |
| 3rd Low | 1.2787 |
1.3374 – 1.3395 – 1.3346 – 1.3193 – 1.3225 – 1.3193 —
1.341300000 – 1.341300000 —
65.78990575245 – 59.657750118234 —
– —
1.3374 – 1776060000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –