The pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance line at 2.141500000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.198900000 |
2nd High | 2.171100000 |
Next High | 2.141500000 |
Current Price | 2.093000000 |
Next Low | |
2nd Low | |
3rd Low |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji