XRP/USDT – 30M – SELLThe pair jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.492200000 is expected.
Caution: A possible change in the direction of the resistance line at 0.627400000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.5232 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.627400000 could happen.
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 | 0.517300000 |
| Next Low | 0.492200000 |
| 2nd Low | 0.431900000 |
| 3rd Low |