Sell XRP/USDT – 1H – SELL

The currency pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.

A descent down to the next support level at 1.3901 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.4573 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.51
2nd High 1.4626
Next High 1.4573
Current Price 1.388900000
Next Low 1.3901
2nd Low 1.3829
3rd Low 1.3814

1.4573 – 1.4209 – 1.4003 – 1.4035 – 1.4133 – 1.3901 —
1.421500000 – 1.403800000 —
50.032917474923 – 32.845791416439 —
– —
1.4573 – 1778065200

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