XRP/USDT – 1H – SELLThe pair moves from the bullish trendline downwards
The bearish trend down to the next support at 0.607600000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.664900000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.6194 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.664900000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.664900000 |
| Current Price | 0.629000000 |
| Next Low | 0.607600000 |
| 2nd Low | 0.584000000 |
| 3rd Low | 0.573900000 |