The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A descent down to the next support level at 2.327300000 will continue.
Caution: A possible change in the direction of the resistance line at 2.442300000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.728100000 |
2nd High | 2.474300000 |
Next High | 2.442300000 |
Current Price | 2.413000000 |
Next Low | 2.327300000 |
2nd Low | 1.995400000 |
3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows