XRP/USDT – 30M – BUYThe currency pair goes from the bullish trendline downwards
A descent down to the next support at 0.585100000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.592200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.58855 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.592200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.596000000 |
| 2nd High | 0.595700000 |
| Next High | 0.592200000 |
| Current Price | 0.586100000 |
| Next Low | 0.585100000 |
| 2nd Low | 0.581400000 |
| 3rd Low | 0.577800000 |