The currency pair Ripple/Tether (XRP/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 2.965200000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 2.996100000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.139700000 |
| 2nd High | 3.009100000 |
| Next High | 2.996100000 |
| Current Price | 2.979800000 |
| Next Low | 2.965200000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
2.996100000 – 3.009100000 – 3.139700000 – 2.965200000 – 2.978400000 – 3.023200000 — 48.139416705326 – 47.67931530264