XRP/USDT – 30M – SELLThe pair goes from the bullish trendline down.
A bearish descent down to the next support at 0.536600000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.544900000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.5405176 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.544900000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.553200000 |
| 2nd High | 0.550000000 |
| Next High | 0.544900000 |
| Current Price | 0.542700000 |
| Next Low | 0.536600000 |
| 2nd Low | 0.531500000 |
| 3rd Low | 0.525200000 |