XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
The bearish trend down to the next support level at 1.055600000 is considered certain.
Caution: A possible change in the direction of resistance at 1.186500000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.0315 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.186500000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.269800000 |
| Next High | 1.186500000 |
| Current Price | 1.083200000 |
| Next Low | 1.055600000 |
| 2nd Low | 1.031500000 |
| 3rd Low | 1.002600000 |