XRP/USDT – 30M – SELLAnd also a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 3.093200000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 3.150000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Southern Doji’ chart pattern is found. The candles form ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.330800000 |
| 2nd High | 3.185600000 |
| Next High | 3.150000000 |
| Current Price | 3.119400000 |
| Next Low | 3.093200000 |
| 2nd Low | 3.053300000 |
| 3rd Low | 2.998100000 |
3.150000000 – 3.185600000 – 3.330800000 – 3.093200000 – 3.053300000 – 3.078800000 — 46.287667920764 – 45.986875939408
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern –