The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support line at 2.114900000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 2.350700000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.909200000 |
2nd High | 2.728100000 |
Next High | 2.350700000 |
Current Price | 2.148700000 |
Next Low | 2.114900000 |
2nd Low | 1.900000000 |
3rd Low | 1.283300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows