Sell XRP/USDT – 30M – SELL

The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.87 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.9268 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 2.0661
2nd High 2.0299
Next High 1.9268
Current Price 1.903000000
Next Low 1.87
2nd Low 1.2543
3rd Low

1.9268 – 2.0299 – 2.0661 – 1.87 – 1.9191 – 2.0536 —
1.923000000 – 1.914200000 —
59.659424314403 – 51.775813290374 —
– —
1.92680 – 1768973400

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