Sell XRP/USDT – 1H – SELL

The currency pair Ripple/Tether (XRP/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support line at 1.3901 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 1.4573 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.51
2nd High 1.4626
Next High 1.4573
Current Price 1.393400000
Next Low 1.3901
2nd Low 1.3829
3rd Low 1.3814

1.4573 – 1.4209 – 1.4003 – 1.4035 – 1.4133 – 1.3901 —
1.414500000 – 1.415000000 —
41.561356318715 – 47.270675802086 —
– —
1.4573 – 1778065200

Trading Signals:

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