XRP/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.

The bearish trend down to the next support line at 3.208300000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 3.347500000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3.347500000 – 3.340400000 – 3.372600000 – 3.208300000 – 3.246100000 – 3.205100000 — 42.846412933292 – 31.891604596403

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –