XRP/USDT – 1H – BUYThe currency pair jumps from the ascending trendline down.
A descending movement downwards to the next support line at 0.530700000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.544500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.540134 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.544500000 should always be considered.
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 | 0.544500000 |
| Current Price | 0.540300000 |
| Next Low | 0.530700000 |
| 2nd Low | 0.529500000 |
| 3rd Low | 0.526000000 |