XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 1.031500000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.269800000 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. Target of the current trend is 1.2698 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.269800000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.269800000 |
| Current Price | 1.170100000 |
| Next Low | 1.031500000 |
| 2nd Low | 1.002600000 |
| 3rd Low | 0.773100000 |