XRP/USDT – 30M – SELLThe currency pair jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 0.607600000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.664900000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.62445 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.664900000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.664900000 |
| Current Price | 0.630600000 |
| Next Low | 0.607600000 |
| 2nd Low | 0.585600000 |
| 3rd Low | 0.584000000 |