XRP/USDT – 1H – SELL

The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 1.3901 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.4573 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Shooting Star’ candlestick chart pattern is existing. The candles form ‘Shooting Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

1.4573 – 1.4209 – 1.4003 – 1.4133 – 1.3901 – 1.3829 —
1.416100000 – 1.416300000 —
39.837106005694 – 43.122418186446 —
– —
1.4573 – 1778065200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –