XRP/USDT – 1H – BUYThe currency pair moves from the bullish trendline downwards
A descent downwards to the next support level at 0.520900000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.545900000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.54055 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.545900000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.654800000 |
| 2nd High | 0.634200000 |
| Next High | 0.545900000 |
| Current Price | 0.533900000 |
| Next Low | 0.520900000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |