XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support level at 2.257200000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.367000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Collapsing Doji Star’ candle pattern is found. The candles form ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.474300000 |
| 2nd High | 2.468300000 |
| Next High | 2.367000000 |
| Current Price | 2.306900000 |
| Next Low | 2.257200000 |
| 2nd Low | 2.090100000 |
| 3rd Low | 2.016000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Collapsing Doji Star