XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support level at 1.373200000 will persist.
Caution: A possible change in the direction of the resistance zone at 1.539300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.630000000 |
| 2nd High | 1.595400000 |
| Next High | 1.539300000 |
| Current Price | 1.373700000 |
| Next Low | 1.373200000 |
| 2nd Low | 1.277500000 |
| 3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows