XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.283300000 is expected.
Caution: A possible change in the direction of resistance at 1.539300000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.45375 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.539300000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.630000000 |
| 2nd High | 1.595400000 |
| Next High | 1.539300000 |
| Current Price | 1.405300000 |
| Next Low | 1.283300000 |
| 2nd Low | 1.277500000 |
| 3rd Low | 1.095300000 |