Buy XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance line at 1.151000000 will persist.

Caution: A possible change in the direction of the support level at 1.065000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.1627 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.151000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.269800000
2nd High 1.186500000
Next High 1.151000000
Current Price 1.141300000
Next Low 1.065000000
2nd Low 1.055600000
3rd Low 1.031500000

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