Buy XRP/USDT – 4H – BUY

The combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support line at 0.491700000 is likely expected.

Caution: A possible change in the direction of the resistance line at 1.269800000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.2698 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 1.269800000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High
Next High 1.269800000
Current Price 1.109800000
Next Low 0.491700000
2nd Low 0.486000000
3rd Low

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