XRP/USDT – 30M – SELLBesides a ‘Double top retreat up’ chart pattern is detected. The chart shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to go up.
The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 2.8303 will continue.
Caution: A possible counter-trend in the direction of resistance at 2.9248 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.0012 |
| 2nd High | 2.9917 |
| Next High | 2.9248 |
| Current Price | 2.836400000 |
| Next Low | 2.8303 |
| 2nd Low | 2.8141 |
| 3rd Low | 2.8132 |
2.9248 – 2.9917 – 3.0012 – 2.8303 – 2.8489 – 2.9546 — 25.431214173356 – 30.519328592943 — 0.52824962866173 – 5.3744652009997 – 0.52824962866173 – 2.1436548194411
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – Double top retreat up – –