Sell XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards

A bearish movement down to the next support level at 2.114900000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 2.237900000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 2.332500000
2nd High 2.317300000
Next High 2.237900000
Current Price 2.172600000
Next Low 2.114900000
2nd Low 1.900000000
3rd Low 1.429200000

Download XRP/USDT Signal Image

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