The currency pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 1.0884 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.1376 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1866 |
| 2nd High | 1.1769 |
| Next High | 1.1376 |
| Current Price | 1.114600000 |
| Next Low | 1.0884 |
| 2nd Low | |
| 3rd Low |
1.1376 – 1.1769 – 1.1866 – 1.0884 – 1.0994 – 1.1187 —
1.108700000 – 1.121700000 —
51.958832019437 – 59.958271470855 —
– —
1.1376 – 1781098200