XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support level at 2.393300000 is certain.
Caution: A possible change in the direction of the resistance level at 2.458400000 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Morning Star’ candle chart pattern is existing. The candles form ‘Morning Star’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Morning Star’ heading up is 78% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.458400000 |
| Current Price | 2.424200000 |
| Next Low | 2.393300000 |
| 2nd Low | 2.367400000 |
| 3rd Low | 2.327300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Morning Star