XRP/USDT – 30M – SELLThe combination goes from the ascending trendline down.
A bearish trend down to the next support line at 0.559800000 will persist.
Caution: A possible change in the direction of the resistance zone at 0.593400000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.5598 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.593400000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.600300000 |
| 2nd High | 0.599200000 |
| Next High | 0.593400000 |
| Current Price | 0.564400000 |
| Next Low | 0.559800000 |
| 2nd Low | 0.555600000 |
| 3rd Low | 0.535600000 |