Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline downwards
A descending movement down to the next support at 1.1268 is certain.
Caution: A possible change in the direction of the resistance zone at 1.2251 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.2935 |
| 2nd High | 1.256 |
| Next High | 1.2251 |
| Current Price | 1.131500000 |
| Next Low | 1.1268 |
| 2nd Low | 1.1261 |
| 3rd Low | 1.1042 |
1.2251 – 1.256 – 1.2935 – 1.1329 – 1.2053 – 1.1268 —
1.127000000 – 1.138900000 —
32.898813373848 – 45.460524595873 —
– —
1.2251 – 1781712000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –