XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support at 1.4116 will continue.
Caution: A possible change in the direction of resistance at 1.4606 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 1.4466472 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.4606 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.5414 |
| 2nd High | 1.51 |
| Next High | 1.4606 |
| Current Price | 1.457600000 |
| Next Low | 1.4116 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.4606 – 1.45 – 1.4369 – 1.4116 – 1.4195 – 1.4089 —
1.452300000 – 1.461000000 —
56.12723537284 – 64.197157760258 —
– —
1.4606 – 1776835800