XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 1.081600000 is expected.
Caution: A possible change in the direction of the resistance line at 1.148000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.06467 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.148000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.186500000 |
| 2nd High | 1.175800000 |
| Next High | 1.148000000 |
| Current Price | 1.095200000 |
| Next Low | 1.081600000 |
| 2nd Low | 1.074700000 |
| 3rd Low | 1.031500000 |