XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
The bearish trend downwards to the next support level at 1.350000000 will persist.
Caution: A possible change in the direction of resistance at 1.630000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.3428 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.630000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.630000000 |
| Current Price | 1.468500000 |
| Next Low | 1.350000000 |
| 2nd Low | 1.095300000 |
| 3rd Low | 1.065000000 |