XRP/USDT – 1H – SELLThe combination jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 0.520900000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.535800000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.5268 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.535800000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.634200000 |
| 2nd High | 0.545900000 |
| Next High | 0.535800000 |
| Current Price | 0.530400000 |
| Next Low | 0.520900000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |