XRP/USDT – 30M – SELLAdditionally a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 3.163000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 3.330800000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 3.649500000 |
| 2nd High | 3.578700000 |
| Next High | 3.330800000 |
| Current Price | 3.157700000 |
| Next Low | 3.163000000 |
| 2nd Low | 3.156400000 |
| 3rd Low | 2.998100000 |
3.330800000 – 3.238700000 – 3.209800000 – 3.163000000 – 3.156400000 – 3.158400000 — 39.546290396698 – 35.17730035811
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top chart pattern –