XRP/USDT – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.573900000 will persist.
Caution: A possible change in the direction of the resistance line at 0.592200000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.5848 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.592200000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.596000000 |
| 2nd High | 0.595700000 |
| Next High | 0.592200000 |
| Current Price | 0.588900000 |
| Next Low | 0.573900000 |
| 2nd Low | 0.562000000 |
| 3rd Low | 0.559800000 |