XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.521700000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.352400000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.5217 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.521700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.539300000 |
| 2nd High | 1.524300000 |
| Next High | 1.521700000 |
| Current Price | 1.488200000 |
| Next Low | 1.352400000 |
| 2nd Low | 1.332700000 |
| 3rd Low | 1.283300000 |