XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at will continue.
Caution: A possible reversal of the trend in the direction of resistance at 1.9268 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. which is a positive signal. The currency 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 | 2.0661 |
| 2nd High | 2.0299 |
| Next High | 1.9268 |
| Current Price | 1.957500000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.9268 – 2.0299 – 2.0661 – 1.8712 – 1.87 – 1.9191 —
1.981900000 – 1.967900000 —
63.455706625109 – 58.590366608474 —
– —
1.92680 – 1768973400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – – –