XRP/USDT – 1H – SELLThe pair jumps from the ascending trendline downwards
A descent down to the next support at 0.486000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.524400000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.5025 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.524400000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.533800000 |
| 2nd High | 0.530500000 |
| Next High | 0.524400000 |
| Current Price | 0.500500000 |
| Next Low | 0.486000000 |
| 2nd Low | |
| 3rd Low |