Sell XRP/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 3.156400000 is certain.

Caution: A possible trend reversal in the direction of resistance at 3.238700000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 3.578700000
2nd High 3.265100000
Next High 3.238700000
Current Price 3.180200000
Next Low 3.156400000
2nd Low 2.998100000
3rd Low 2.955500000

3.238700000 – 3.209800000 – 3.218100000 – 3.156400000 – 3.158400000 – 2.998100000 — 53.117027731199 – 46.13009824565

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