The currency pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.
A descent down to the next support level at 1.3901 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.4573 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.
In addition a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which 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 ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4573 |
| Current Price | 1.388900000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4573 – 1.4209 – 1.4003 – 1.4035 – 1.4133 – 1.3901 —
1.421500000 – 1.403800000 —
50.032917474923 – 32.845791416439 —
– —
1.4573 – 1778065200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –