XRP/USDT – 30M – SELLThe combination moves from the bullish trendline downwards
A bearish movement down to the next support line at 0.525200000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.555600000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.5317056 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.555600000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.634200000 |
| 2nd High | 0.627400000 |
| Next High | 0.555600000 |
| Current Price | 0.536200000 |
| Next Low | 0.525200000 |
| 2nd Low | 0.524300000 |
| 3rd Low | 0.523100000 |