XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 2.587200000 is expected.
Caution: A possible counter-trend in the direction of support at 2.440100000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 2.5272796 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 2.587200000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.680000000 |
| 2nd High | 2.646900000 |
| Next High | 2.587200000 |
| Current Price | 2.491200000 |
| Next Low | 2.440100000 |
| 2nd Low | 2.333300000 |
| 3rd Low | 2.284000000 |