The currency pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 1.283300000 will continue.
Caution: A possible trend reversal in the direction of resistance at 1.458800000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. 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 | 1.539300000 |
2nd High | 1.524300000 |
Next High | 1.458800000 |
Current Price | 1.345600000 |
Next Low | 1.283300000 |
2nd Low | 1.277500000 |
3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows