XRP/USDT – 30M – BUYThe currency pair goes from the ascending trendline downwards
A descending movement down to the next support level at 0.520900000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.535800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.54055 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.535800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.627400000 |
| 2nd High | 0.545900000 |
| Next High | 0.535800000 |
| Current Price | 0.533900000 |
| Next Low | 0.520900000 |
| 2nd Low | 0.515500000 |
| 3rd Low | 0.510000000 |