XRP/USDT – 30M – SELLThe pair moves from the bullish trendline downwards
A descent down to the next support level at 0.524700000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.532300000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.5247 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.532300000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.545900000 |
| 2nd High | 0.534500000 |
| Next High | 0.532300000 |
| Current Price | 0.528300000 |
| Next Low | 0.524700000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |