XRP/USDT – 30M – BUYThe pair breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.595700000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.573900000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 0.5957 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.595700000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.605300000 |
| 2nd High | 0.596000000 |
| Next High | 0.595700000 |
| Current Price | 0.592800000 |
| Next Low | 0.573900000 |
| 2nd Low | 0.562000000 |
| 3rd Low | 0.559800000 |