XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A descent down to the next support line at 2.364100000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 2.452200000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Inside Down’ candle chart pattern is found. The candles show ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.909200000 |
| 2nd High | 2.728100000 |
| Next High | 2.452200000 |
| Current Price | 2.387800000 |
| Next Low | 2.364100000 |
| 2nd Low | 2.343400000 |
| 3rd Low | 2.090100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Inside Down