XRP/USDT – 30M – SELLThe pair jumps from the bullish trendline down.
A descending movement downwards to the next support at 0.492200000 is certain.
Caution: A possible change in the direction of resistance at 0.627400000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.5232 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.627400000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.654800000 |
| 2nd High | 0.634200000 |
| Next High | 0.627400000 |
| Current Price | 0.518300000 |
| Next Low | 0.492200000 |
| 2nd Low | 0.431900000 |
| 3rd Low |