The currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 1.4113 will continue.
Caution: A possible change in the direction of the resistance line at 1.425 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4573 |
| 2nd High | 1.435 |
| Next High | 1.425 |
| Current Price | 1.416700000 |
| Next Low | 1.4113 |
| 2nd Low | 1.3795 |
| 3rd Low | 1.3716 |
1.425 – 1.435 – 1.427 – 1.4113 – 1.3795 – 1.3802 —
1.425000000 – 1.422400000 —
55.610283175719 – 53.47862653577 —
– —
1.425 – 1778349600