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
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –