XRP/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish trend downwards to the next support at 0.581400000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.591000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.5870404 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.591000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.605300000 |
| 2nd High | 0.596000000 |
| Next High | 0.591000000 |
| Current Price | 0.589300000 |
| Next Low | 0.581400000 |
| 2nd Low | 0.577800000 |
| 3rd Low | 0.576300000 |