The pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 2.792700000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 2.928500000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.928500000 |
| Current Price | 2.907500000 |
| Next Low | 2.792700000 |
| 2nd Low | 2.778000000 |
| 3rd Low | 2.697500000 |
2.928500000 – 2.884900000 – 2.886700000 – 2.792700000 – 2.778000000 – 2.811000000 — 63.741655211636 – 62.84386825391
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double bottom chart pattern – –