XRP/USDT – 1H – BUYThe pair jumps from the ascending trendline downwards
A bearish descent downwards to the next support at 0.526000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.545900000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.5302586 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.545900000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.654800000 |
| 2nd High | 0.634200000 |
| Next High | 0.545900000 |
| Current Price | 0.529500000 |
| Next Low | 0.526000000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |