The combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 2.877400000 will persist.
Caution: A possible change in the direction of the resistance zone at 2.936500000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.963700000 |
| 2nd High | 2.946200000 |
| Next High | 2.936500000 |
| Current Price | 2.929300000 |
| Next Low | 2.877400000 |
| 2nd Low | 2.840700000 |
| 3rd Low | 2.803800000 |
2.936500000 – 2.946200000 – 2.963700000 – 2.877400000 – 2.840700000 – 2.803800000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – – Double bottom chart pattern