XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 2.484300000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 2.619600000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.688900000 |
| 2nd High | 2.680000000 |
| Next High | 2.619600000 |
| Current Price | 2.528900000 |
| Next Low | 2.484300000 |
| 2nd Low | 2.174300000 |
| 3rd Low | 1.673900000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows