XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A descending movement down to the next support level at 1.095300000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.433200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Line Strike – Bearish’ candle chart pattern is found. The candles form ‘Three Line Strike – Bearish’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.433200000 |
| Current Price | 1.372600000 |
| Next Low | 1.095300000 |
| 2nd Low | 1.077400000 |
| 3rd Low | 1.065000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Line Strike – Bearish