The combination Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.3807 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3977 |
| 2nd High | 1.391 |
| Next High | 1.3807 |
| Current Price | 1.366800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3807 – 1.391 – 1.3977 – 1.3585 – 1.3477 – 1.378 —
1.378500000 – 1.370900000 —
59.172804654784 – 50.079020612943 —
– —
1.3807 – 1779289200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –