XRP/USDT – 4H – BUYThe pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.520900000 will continue.
Caution: A possible change in the direction of the resistance level at 0.560800000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.5344 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.560800000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.664900000 |
| 2nd High | 0.562000000 |
| Next High | 0.560800000 |
| Current Price | 0.524400000 |
| Next Low | 0.520900000 |
| 2nd Low | 0.506800000 |
| 3rd Low |