XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 2.449000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 2.354800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 2.5319 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 2.449000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.646900000 |
| 2nd High | 2.531900000 |
| Next High | 2.449000000 |
| Current Price | 2.446900000 |
| Next Low | 2.354800000 |
| 2nd Low | 2.284000000 |
| 3rd Low | 1.900000000 |