XRP/USDT – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.539700000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.544900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.5397 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.544900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.553200000 |
| 2nd High | 0.550000000 |
| Next High | 0.544900000 |
| Current Price | 0.540400000 |
| Next Low | 0.539700000 |
| 2nd Low | 0.537500000 |
| 3rd Low | 0.536700000 |