XRP/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support at 1.4116 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.4626 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Last Engulfing Top’ candlestick pattern is discovered. The candles form ‘Last Engulfing Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

1.4626 – 1.45 – 1.4369 – 1.4116 – 1.4195 – 1.3909 —
1.424100000 – 1.430100000 —
37.703410901151 – 52.47573901328 —
– —
1.4626 – 1776866400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern – –