XRP/USDT – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A bearish movement down to the next support level at 0.524700000 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.534500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.5247 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.534500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.627400000 |
| 2nd High | 0.545900000 |
| Next High | 0.534500000 |
| Current Price | 0.528100000 |
| Next Low | 0.524700000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |