XRP/USDT – 30M – BUYThe currency pair breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.541900000 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.535300000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.545 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.541900000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.545900000 |
| 2nd High | 0.545000000 |
| Next High | 0.541900000 |
| Current Price | 0.541400000 |
| Next Low | 0.535300000 |
| 2nd Low | 0.533800000 |
| 3rd Low | 0.524300000 |