XRP/USDT – 4H – BUYThe pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A descent downwards to the next support level at 2.130800000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 2.350700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.909200000 |
| 2nd High | 2.728100000 |
| Next High | 2.350700000 |
| Current Price | 2.182100000 |
| Next Low | 2.130800000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.283300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low