XRP/USDT – 1H – BUYThe currency pair goes from the bullish trendline down.
A bearish descent down to the next support line at 0.525200000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.555600000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.5474108 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.555600000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.654800000 |
| 2nd High | 0.634200000 |
| Next High | 0.555600000 |
| Current Price | 0.542800000 |
| Next Low | 0.525200000 |
| 2nd Low | 0.521000000 |
| 3rd Low | 0.520900000 |