The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support line at 1.3901 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.4466 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4503 |
| Next High | 1.4466 |
| Current Price | 1.422800000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4209 – 1.4003 – 1.3999 – 1.3901 – 1.3829 – 1.3814 —
1.450900000 – 1.433500000 —
80.131281155085 – 53.285316085344 —
– —
1.4209 – 1777867200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –