XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 1.995400000 is likely expected.
Caution: A possible change in the direction of the resistance level at 2.207600000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Outside Down’ chart pattern is found. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.317300000 |
| 2nd High | 2.237900000 |
| Next High | 2.207600000 |
| Current Price | 2.021900000 |
| Next Low | 1.995400000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down