The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 2.133400000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 2.237900000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.332500000 |
2nd High | 2.317300000 |
Next High | 2.237900000 |
Current Price | 2.193500000 |
Next Low | 2.133400000 |
2nd Low | 2.114900000 |
3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold