XRP/USDT – 1H – BUYThe currency pair jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.577000000 is expected.
Caution: A possible change in the direction of the resistance line at 0.594500000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.5863108 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.594500000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.600300000 |
| 2nd High | 0.599200000 |
| Next High | 0.594500000 |
| Current Price | 0.582700000 |
| Next Low | 0.577000000 |
| 2nd Low | 0.562000000 |
| 3rd Low | 0.559800000 |