XRP/USDT – 30M – SELLAdditionally a ‘Triple top chart pattern’ chart layout is found. The chart picture forms ‘Triple top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 2.778000000 is considered certain.
Caution: A possible change in the direction of resistance at 2.828900000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.884900000 |
| 2nd High | 2.865300000 |
| Next High | 2.828900000 |
| Current Price | 2.799700000 |
| Next Low | 2.778000000 |
| 2nd Low | 2.762000000 |
| 3rd Low | 2.697500000 |
2.828900000 – 2.865300000 – 2.884900000 – 2.812300000 – 2.800000000 – 2.778000000 — 39.818406065471 – 38.359941061038
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple top chart pattern – –