XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support at 1.074700000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 1.186500000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.269800000 |
| Next High | 1.186500000 |
| Current Price | 1.102300000 |
| Next Low | 1.074700000 |
| 2nd Low | 1.031500000 |
| 3rd Low | 1.002600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows