Sell XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 1.3038 is expected.

Caution: A possible change in the direction of the resistance line at 1.3482 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Matching Low’ candle chart pattern is detected. The candles form ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 1.3726
2nd High 1.3669
Next High 1.3482
Current Price 1.344500000
Next Low 1.3038
2nd Low 1.2954
3rd Low 1.27

1.3482 – 1.3669 – 1.3433 – 1.3038 – 1.3166 – 1.2954 —
1.321100000 – 1.346900000 —
48.293128056435 – 61.025705032994 —
– —
1.3482 – 1774920600

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