Moreover a ‘Double bottom retreat down’ chart formation is discovered. The chart picture forms ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A descent down to the next support at 3.156400000 is considered certain.
Caution: A possible change in the direction of the resistance level at 3.209800000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.265100000 |
| 2nd High | 3.218100000 |
| Next High | 3.209800000 |
| Current Price | 3.205400000 |
| Next Low | 3.156400000 |
| 2nd Low | 2.998100000 |
| 3rd Low | 2.955500000 |
3.209800000 – 3.218100000 – 3.211100000 – 3.156400000 – 3.158400000 – 2.998100000 — 61.97377601838 – 54.252414917386
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double bottom retreat down –