Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.2053 is certain.
Caution: A possible trend reversal in the direction of resistance at 1.256 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3484 |
| 2nd High | 1.2935 |
| Next High | 1.256 |
| Current Price | 1.216100000 |
| Next Low | 1.2053 |
| 2nd Low | 1.1268 |
| 3rd Low | 1.1261 |
1.256 – 1.2935 – 1.161 – 1.2053 – 1.1268 – 1.1261 —
1.231100000 – 1.222800000 —
50.26698826073 – 48.775867393361 —
– —
1.256 – 1781611200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –