XRP/USDT – 30M – BUYThe pair breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.595700000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.581400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.5928756 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.595700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.605300000 |
| 2nd High | 0.596000000 |
| Next High | 0.595700000 |
| Current Price | 0.589000000 |
| Next Low | 0.581400000 |
| 2nd Low | 0.577800000 |
| 3rd Low | 0.576300000 |