XRP/USDT – 1H – BUYThe pair jumps from the bullish trendline down.
A descending movement down to the next support line at 0.531500000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.562000000 is also possible.
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 likely expected. Target of the current trend is 0.552324 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.562000000 is also possible.
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 | 0.562000000 |
| Current Price | 0.545900000 |
| Next Low | 0.531500000 |
| 2nd Low | 0.525200000 |
| 3rd Low | 0.521000000 |