XRP/USDT – 30M – SELLThe combination moves from the ascending trendline down.
A descending movement down to the next support line at 0.577800000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.627400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.5778 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.627400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.654800000 |
| 2nd High | 0.634200000 |
| Next High | 0.627400000 |
| Current Price | 0.589900000 |
| Next Low | 0.577800000 |
| 2nd Low | 0.573900000 |
| 3rd Low | 0.562000000 |