XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A bearish descent downwards to the next support line at 1.995400000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 2.207600000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Below The Stomach’ chart pattern is detected. The chart shows ‘Below The Stomach’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.317300000 |
| 2nd High | 2.237900000 |
| Next High | 2.207600000 |
| Current Price | 2.036300000 |
| Next Low | 1.995400000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Below The Stomach