XRP/USDT – 1H – SELLThe combination goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.576300000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.595700000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.5763 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.595700000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.612800000 |
| 2nd High | 0.596000000 |
| Next High | 0.595700000 |
| Current Price | 0.577400000 |
| Next Low | 0.576300000 |
| 2nd Low | 0.562000000 |
| 3rd Low | 0.559800000 |