XRP/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 2.361992 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2.442300000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Harami’ candle chart pattern is existing. The candles form ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.442300000 |
| Current Price | 2.394800000 |
| Next Low | 2.373400000 |
| 2nd Low | 2.327300000 |
| 3rd Low | 2.090100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami