The pair Ripple/Tether (XRP/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.3038 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.3275 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Then a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3656 |
| 2nd High | 1.3385 |
| Next High | 1.3275 |
| Current Price | 1.324700000 |
| Next Low | 1.3038 |
| 2nd Low | 1.2838 |
| 3rd Low | 1.2677 |
1.3275 – 1.3385 – 1.3371 – 1.3038 – 1.2838 – 1.2677 —
1.306300000 – 1.333000000 —
35.524486162827 – 63.836275836085 —
– —
1.3275 – 1780047000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –