XRP/USDT – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.5459668 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.588400000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.643400000 |
| 2nd High | 0.631000000 |
| Next High | 0.588400000 |
| Current Price | 0.567800000 |
| Next Low | 0.523100000 |
| 2nd Low | 0.519700000 |
| 3rd Low | 0.431900000 |