XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.077400000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.130700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.175800000 |
| 2nd High | 1.151000000 |
| Next High | 1.130700000 |
| Current Price | 1.110900000 |
| Next Low | 1.077400000 |
| 2nd Low | 1.065000000 |
| 3rd Low | 1.055600000 |