XRP/USDT – 1H – SELLThe currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 2.141700000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 2.337000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.1093 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 2.337000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.354300000 |
| 2nd High | 2.337900000 |
| Next High | 2.337000000 |
| Current Price | 2.147000000 |
| Next Low | 2.141700000 |
| 2nd Low | 2.140700000 |
| 3rd Low | 2.109300000 |
2.337000000 – 2.175900000 – 2.180100000 – 2.141700000 – 2.140700000 – 2.109300000