XRP/USDT – 1H – SELLThe currency pair goes from the bullish trendline downwards
A descending movement down to the next support line at 0.523100000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.634200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 0.5778 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.634200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.664900000 |
| 2nd High | 0.654800000 |
| Next High | 0.634200000 |
| Current Price | 0.541100000 |
| Next Low | 0.523100000 |
| 2nd Low | 0.520800000 |
| 3rd Low | 0.519700000 |