XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 2.174300000 is certain.
Caution: A possible change in the direction of the resistance line at 2.646900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 2.2936452 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 2.646900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.688900000 |
| 2nd High | 2.680000000 |
| Next High | 2.646900000 |
| Current Price | 2.387900000 |
| Next Low | 2.174300000 |
| 2nd Low | 1.673900000 |
| 3rd Low | 1.429200000 |