Sell XRP/USDT – 30M – SELL

The combination moves from the bullish trendline down.

A descent down to the next support level at 0.547200000 will persist.

Caution: A possible change in the direction of the resistance line at 0.562000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.54675 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.562000000 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.634200000
2nd High 0.627400000
Next High 0.562000000
Current Price 0.552500000
Next Low 0.547200000
2nd Low 0.537500000
3rd Low 0.536700000

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