The currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 2.213800000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 2.266500000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. 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 | 2.293800000 |
2nd High | 2.278900000 |
Next High | 2.266500000 |
Current Price | 2.237600000 |
Next Low | 2.213800000 |
2nd Low | 2.133400000 |
3rd Low | 2.130800000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows