XRP/USDT – 4H – BUYThe currency pair moves from the bullish trendline downwards
A bearish trend down to the next support line at 0.573900000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.631000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.6128 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.631000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.643400000 |
| Next High | 0.631000000 |
| Current Price | 0.621900000 |
| Next Low | 0.573900000 |
| 2nd Low | 0.562000000 |
| 3rd Low | 0.559800000 |