The combination Ripple/Tether (XRP/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.8879 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 1.9242 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.9057788 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 1.9242 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9907 |
| 2nd High | 1.9656 |
| Next High | 1.9242 |
| Current Price | 1.913100000 |
| Next Low | 1.8879 |
| 2nd Low | 1.8873 |
| 3rd Low | 1.8712 |
1.9242 – 1.9656 – 1.9358 – 1.8879 – 1.91 – 1.9152 —
1.928800000 – 1.920000000 —
56.62904166092 – 52.469659236628 —
– —
1.92420 – 1769261400