XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
A descending movement down to the next support at 2.393300000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 2.458400000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Harami’ candlestick pattern is existing. The candles show ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 2.458400000 |
| Current Price | 2.447700000 |
| Next Low | 2.393300000 |
| 2nd Low | 2.367400000 |
| 3rd Low | 2.327300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami