XRP/USDT – 4H – BUYThe combination breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 0.593400000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.562000000 could be enabled.
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. Current target is 0.5992 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.593400000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.631000000 |
| 2nd High | 0.599200000 |
| Next High | 0.593400000 |
| Current Price | 0.589700000 |
| Next Low | 0.562000000 |
| 2nd Low | 0.559800000 |
| 3rd Low | 0.523100000 |