The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support line at 1.409 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.4466 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4503 |
| Next High | 1.4466 |
| Current Price | 1.413700000 |
| Next Low | 1.409 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.4466 – 1.4366 – 1.4318 – 1.42 – 1.418 – 1.4187 —
1.418800000 – 1.417000000 —
32.083753081426 – 35.757116056988 —
– —
1.4466 – 1777260600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –