XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 1.151000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.055600000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.1284856 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.151000000 should be noted.
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 | 1.151000000 |
| Current Price | 1.112800000 |
| Next Low | 1.055600000 |
| 2nd Low | 1.031500000 |
| 3rd Low | 1.002600000 |