XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support at 2.169500000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 2.197600000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.237900000 |
| 2nd High | 2.207600000 |
| Next High | 2.197600000 |
| Current Price | 2.172300000 |
| Next Low | 2.169500000 |
| 2nd Low | 2.133400000 |
| 3rd Low | 2.114900000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low