The pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
A bearish movement downwards to the next support level at 1.0451 is expected.
Caution: A possible change in the direction of the resistance zone at 1.1043 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1354 |
| 2nd High | 1.1193 |
| Next High | 1.1043 |
| Current Price | 1.059600000 |
| Next Low | 1.0451 |
| 2nd Low | 1.0345 |
| 3rd Low | 1.022 |
1.1043 – 1.1193 – 1.1029 – 1.0674 – 1.0868 – 1.0864 —
1.078600000 – 1.070800000 —
33.390150512658 – 39.503027956862 —
– —
1.1043 – 1783864800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –