XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 2.373400000 is considered certain.
Caution: A possible change in the direction of the resistance level at 2.442300000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Tweezers Top’ candle chart pattern is discovered. The chart forms ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.442300000 |
| Current Price | 2.399100000 |
| Next Low | 2.373400000 |
| 2nd Low | 2.327300000 |
| 3rd Low | 2.090100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Tweezers Top