XRP/USDT – 4H – SELLThe pair jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.562000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.593400000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.631000000 |
| 2nd High | 0.599200000 |
| Next High | 0.593400000 |
| Current Price | 0.582100000 |
| Next Low | 0.562000000 |
| 2nd Low | 0.559800000 |
| 3rd Low | 0.523100000 |