XRP/USDT – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
A bearish trend down to the next support at 3.156800000 will continue.
Caution: A possible counter-trend in the direction of resistance at 3.279500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.347500000 |
| Next High | 3.279500000 |
| Current Price | 3.176700000 |
| Next Low | 3.156800000 |
| 2nd Low | 3.152100000 |
| 3rd Low | 3.008700000 |
3.279500000 – 3.347500000 – 3.340400000 – 3.156800000 – 3.152100000 – 3.208300000 — 44.041827928985 – 42.565293490446
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –