Sell XRP/USDT – 30M – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support level at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3.150000000 could occur.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 3.330800000
2nd High 3.185600000
Next High 3.150000000
Current Price 3.105700000
Next Low
2nd Low
3rd Low

3.150000000 – 3.185600000 – 3.330800000 – 3.093200000 – 3.053300000 – 3.078800000 — 49.211924268616 – 41.658612973959

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