Moreover a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support line at 1.4195 will persist.
Caution: A possible change in the direction of the resistance level at 1.45 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.42045 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.45 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.5414 |
| 2nd High | 1.51 |
| Next High | 1.45 |
| Current Price | 1.428500000 |
| Next Low | 1.4195 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.45 – 1.4369 – 1.4326 – 1.4195 – 1.4089 – 1.3954 —
1.447000000 – 1.439400000 —
65.906477989069 – 53.589242887963 —
– —
1.45 – 1776760200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Rising Wedge Chart Pattern – –