XRP/USDT – 1H – BUYThe pair breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.543200000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.525200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.5393124 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.543200000 should be noted.
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 | 0.543200000 |
| Current Price | 0.538700000 |
| Next Low | 0.525200000 |
| 2nd Low | 0.521000000 |
| 3rd Low | 0.520900000 |