XRP/USDT – 4H – BUYThe combination breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.560800000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.491700000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.545736 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.560800000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.664900000 |
| 2nd High | 0.562000000 |
| Next High | 0.560800000 |
| Current Price | 0.535500000 |
| Next Low | 0.491700000 |
| 2nd Low | 0.486000000 |
| 3rd Low |