XRP/USDT – 1H – BUYThe combination jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.491700000 is considered certain.
Caution: A possible change in the direction of resistance at 0.514700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.51275 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.514700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.530500000 |
| 2nd High | 0.524400000 |
| Next High | 0.514700000 |
| Current Price | 0.503500000 |
| Next Low | 0.491700000 |
| 2nd Low | 0.486000000 |
| 3rd Low |