XRP/USDT – 1H – SELLThe currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support level at 1.373200000 is considered certain.
Caution: A possible change in the direction of resistance at 1.539300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.36069 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 1.539300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.630000000 |
| 2nd High | 1.595400000 |
| Next High | 1.539300000 |
| Current Price | 1.441600000 |
| Next Low | 1.373200000 |
| 2nd Low | 1.277500000 |
| 3rd Low | 1.095300000 |