Sell XRP/USDT – 1H – SELL

The currency pair goes from the bullish trendline down.

A descent downwards to the next support level at 0.521000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.541200000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.5334 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.541200000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.545900000
2nd High 0.545000000
Next High 0.541200000
Current Price 0.538800000
Next Low 0.521000000
2nd Low 0.520900000
3rd Low 0.515500000

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