The currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.5442 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6339 |
| 2nd High | 1.6122 |
| Next High | 1.5442 |
| Current Price | 1.416200000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.5442 – 1.6122 – 1.6339 – 1.4097 – 1.1172 – 1.5274 —
1.438800000 – 1.423800000 —
49.643715881133 – 48.373693102112 —
– —
1.5442 – 1770390000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double top chart pattern – –