The pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support level at 2.308000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 2.452800000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 2.38455 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2.452800000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.646900000 |
2nd High | 2.484000000 |
Next High | 2.452800000 |
Current Price | 2.339500000 |
Next Low | 2.308000000 |
2nd Low | 2.285100000 |
3rd Low | 1.900000000 |