XRP/USDT – 1H – BUYThe currency pair moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.507700000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.524400000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.51815 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.524400000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.533800000 |
| 2nd High | 0.530500000 |
| Next High | 0.524400000 |
| Current Price | 0.510300000 |
| Next Low | 0.507700000 |
| 2nd Low | 0.502500000 |
| 3rd Low | 0.486000000 |