Sell XRP/USDT – 30M – SELL

The combination moves from the bullish trendline down.

A descent down to the next support level at 0.583000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.590300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.5778 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.590300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.605300000
2nd High 0.596000000
Next High 0.590300000
Current Price 0.583100000
Next Low 0.583000000
2nd Low 0.577800000
3rd Low 0.576300000

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