XRP/USDT – 30M – SELL

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

The bearish trend down to the next support at 1.3831 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.4215 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Bearish Engulfing’ chart pattern is found. The chart shows ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ heading down is 79%.

1.4215 – 1.4573 – 1.4222 – 1.3831 – 1.4035 – 1.4133 —
1.393200000 – 1.387900000 —
39.528346493966 – 41.00453889839 —
– —
1.4215 – 1778139000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Engulfing – – –