The combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 2.848800000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3.038000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.147200000 |
| 2nd High | 3.096900000 |
| Next High | 3.038000000 |
| Current Price | 2.967700000 |
| Next Low | 2.848800000 |
| 2nd Low | 2.803800000 |
| 3rd Low | 2.763700000 |
3.038000000 – 3.096900000 – 3.147200000 – 2.848800000 – 2.940400000 – 3.082900000 — 58.069366513801 – 57.491980227585
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Triple bottom chart pattern – –