XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support at is certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.1257 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.1257 – 1.1236 – 1.1376 – 1.0884 – 1.0994 – 1.1187 —
1.122400000 – 1.118200000 —
46.399968991946 – 47.464668755396 —
– —
1.1257 – 1781177400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –