XRP/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support level at 3.246100000 will persist.
Caution: A possible change in the direction of the resistance zone at 3.347500000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.382500000 |
| 2nd High | 3.372600000 |
| Next High | 3.347500000 |
| Current Price | 3.225800000 |
| Next Low | 3.246100000 |
| 2nd Low | 3.205100000 |
| 3rd Low | 3.008700000 |
3.347500000 – 3.340400000 – 3.372600000 – 3.246100000 – 3.205100000 – 3.008700000 — 40.000933221384 – 32.050354338069
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –