XRP/USDT – 1H – BUYThe combination jumps from the ascending trendline downwards
A bearish trend down to the next support level at 0.539700000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.550000000 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 expected. Current target is 0.5533152 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.550000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.562000000 |
| 2nd High | 0.553200000 |
| Next High | 0.550000000 |
| Current Price | 0.545400000 |
| Next Low | 0.539700000 |
| 2nd Low | 0.531500000 |
| 3rd Low | 0.525200000 |