Sell XRP/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards

A bearish trend downwards to the next support at 2.935700000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 3.036500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Matching Low’ candle pattern is discovered. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 3.081700000
2nd High 3.045400000
Next High 3.036500000
Current Price 2.969200000
Next Low 2.935700000
2nd Low 2.933700000
3rd Low 2.792700000

3.036500000 – 2.996400000 – 2.928500000 – 2.935700000 – 2.936700000 – 2.933700000 — 55.046742470172 – 54.766844432875

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