XRP/USDT – 1H – SELLThe pair moves from the bullish trendline downwards
A bearish trend down to the next support line at 0.521000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.543200000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.5260574 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.543200000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.545900000 |
| 2nd High | 0.545000000 |
| Next High | 0.543200000 |
| Current Price | 0.531200000 |
| Next Low | 0.521000000 |
| 2nd Low | 0.520900000 |
| 3rd Low | 0.515500000 |