XRP/USDT – 30M – SELLThe combination moves from the bullish trendline down.
A bearish movement down to the next support line at 0.607600000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.664900000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.62445 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.664900000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.664900000 |
| Current Price | 0.641000000 |
| Next Low | 0.607600000 |
| 2nd Low | 0.585600000 |
| 3rd Low | 0.584000000 |