Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.1692 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 2.680000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.909200000 |
2nd High | 2.688900000 |
Next High | 2.680000000 |
Current Price | 2.447100000 |
Next Low | 2.250000000 |
2nd Low | 1.673900000 |
3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows