XRP/USDT – 1H – SELLThe pair goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.577000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.594500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.57715 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.594500000 could be enabled.
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 | 0.582100000 |
| Next Low | 0.577000000 |
| 2nd Low | 0.562000000 |
| 3rd Low | 0.559800000 |