XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support line at 2.327300000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 2.468300000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Harami’ candlestick chart pattern is existing. The chart shows ‘Bearish Harami’. 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 success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.468300000 |
| Current Price | 2.335500000 |
| Next Low | 2.327300000 |
| 2nd Low | 1.995400000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami