XRP/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Ripple/Tether (XRP/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 2.955500000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 3.178400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

3.178400000 – 3.162100000 – 3.150000000 – 3.001000000 – 3.040300000 – 3.093200000 — 26.652544314973 – 21.5367354565

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Double top chart pattern –