The currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 2.901400000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 3.018700000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.178400000 |
| 2nd High | 3.080000000 |
| Next High | 3.018700000 |
| Current Price | 2.981900000 |
| Next Low | 2.901400000 |
| 2nd Low | 2.892000000 |
| 3rd Low | 2.877400000 |
3.018700000 – 2.968300000 – 3.080000000 – 2.901400000 – 2.892000000 – 3.001000000 — 49.742741274484 – 48.107477187591
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double bottom retreat down – –