XRP/USDT – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.580000000 will persist.
Caution: A possible change in the direction of the resistance level at 0.605300000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.5763 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 0.605300000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.631000000 |
| 2nd High | 0.612800000 |
| Next High | 0.605300000 |
| Current Price | 0.583300000 |
| Next Low | 0.580000000 |
| 2nd Low | 0.576300000 |
| 3rd Low | 0.562000000 |