The pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 1.4035 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.4215 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4573 |
| Next High | 1.4215 |
| Current Price | 1.401800000 |
| Next Low | 1.4035 |
| 2nd Low | 1.3901 |
| 3rd Low | 1.3829 |
1.4215 – 1.4573 – 1.4222 – 1.4035 – 1.4133 – 1.4073 —
1.416300000 – 1.415000000 —
44.181933148807 – 50.170075232042 —
– —
1.4215 – 1778139000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Rising Wedge Chart Pattern – –