XRP/USDT – 1H – BUYThe currency pair jumps from the ascending trendline downwards
A bearish trend down to the next support at 0.584000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.625900000 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 considered certain. Current target is 0.6259 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.625900000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.643400000 |
| 2nd High | 0.631000000 |
| Next High | 0.625900000 |
| Current Price | 0.624500000 |
| Next Low | 0.584000000 |
| 2nd Low | 0.573900000 |
| 3rd Low | 0.562000000 |