XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A descent down to the next support at 2.284000000 will continue.
Caution: A possible change in the direction of the resistance zone at 2.478800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.384 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 2.478800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.646900000 |
| 2nd High | 2.484000000 |
| Next High | 2.478800000 |
| Current Price | 2.418100000 |
| Next Low | 2.284000000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.673900000 |