XRP/USDT – 30M – SELLThe currency pair goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.526600000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.535200000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.5245 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.535200000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.627400000 |
| 2nd High | 0.539000000 |
| Next High | 0.535200000 |
| Current Price | 0.528200000 |
| Next Low | 0.526600000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |