XRP/USDT – 4H – BUYThe pair jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.593400000 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.559800000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.5992 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.593400000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.631000000 |
| 2nd High | 0.599200000 |
| Next High | 0.593400000 |
| Current Price | 0.587600000 |
| Next Low | 0.559800000 |
| 2nd Low | 0.523100000 |
| 3rd Low | 0.519700000 |