Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.343716 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.458800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Line Strike – Bearish’ candle pattern is found. The candles form ‘Three Line Strike – Bearish’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.539300000 |
2nd High | 1.524300000 |
Next High | 1.458800000 |
Current Price | 1.370700000 |
Next Low | 1.332700000 |
2nd Low | 1.283300000 |
3rd Low | 1.277500000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Line Strike – Bearish