The currency pair Ripple/Tether (XRP/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 1.3644 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 1.3804 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4067 |
| 2nd High | 1.3847 |
| Next High | 1.3804 |
| Current Price | 1.376600000 |
| Next Low | 1.3644 |
| 2nd Low | 1.3623 |
| 3rd Low | 1.3591 |
1.3804 – 1.3799 – 1.3847 – 1.3644 – 1.3623 – 1.3591 —
1.376700000 – 1.380700000 —
58.265294908149 – 61.441744624703 —
– —
1.3804 – 1777604400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –