The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 1.117200000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.055600000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.1157 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.117200000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.148000000 |
2nd High | 1.123000000 |
Next High | 1.117200000 |
Current Price | 1.092300000 |
Next Low | 1.055600000 |
2nd Low | 1.031500000 |
3rd Low | 1.002600000 |