XRP/USDT – 1H – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.521000000 is certain.
Caution: A possible change in the direction of the resistance level at 0.536700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.5291 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.536700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.560800000 |
| 2nd High | 0.549800000 |
| Next High | 0.536700000 |
| Current Price | 0.524100000 |
| Next Low | 0.521000000 |
| 2nd Low | 0.520900000 |
| 3rd Low | 0.515500000 |