XRP/USDT – 30M – SELLBesides a ‘Double bottom retreat down’ chart pattern is existing. The chart picture forms ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.
The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support level at 3.156400000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 3.209800000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.265100000 |
| 2nd High | 3.218100000 |
| Next High | 3.209800000 |
| Current Price | 3.205400000 |
| Next Low | 3.156400000 |
| 2nd Low | 2.998100000 |
| 3rd Low | 2.955500000 |
3.209800000 – 3.218100000 – 3.211100000 – 3.156400000 – 3.158400000 – 2.998100000 — 61.97377601838 – 54.252414917386
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double bottom retreat down –