XRP/USDT – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.562000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.627400000 is within the realm of possibility.
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 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 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.654800000 |
| 2nd High | 0.634200000 |
| Next High | 0.627400000 |
| Current Price | 0.569400000 |
| Next Low | 0.562000000 |
| 2nd Low | 0.559800000 |
| 3rd Low | 0.555600000 |