Sell XRP/USDT – 30M – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support at 3.156800000 is certain.

Caution: A possible change in the direction of resistance at 3.279500000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 3.372600000
2nd High 3.347500000
Next High 3.279500000
Current Price 3.176700000
Next Low 3.156800000
2nd Low 3.152100000
3rd Low 3.008700000

3.279500000 – 3.347500000 – 3.340400000 – 3.156800000 – 3.152100000 – 3.208300000 — 44.041827928985 – 42.565293490446

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