XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A bearish movement down to the next support line at is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 2.1765 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.8407 |
| 2nd High | 2.8372 |
| Next High | 2.1765 |
| Current Price | 2.109100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.1765 – 2.8372 – 2.8407 – 2.0819 – 2.1116 – 1.2543 — 48.826560365422 – 47.129538588744 — 90.243318817496 – 80.965101544573 – 91.860011363749 – 87.958925999649