XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.352400000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.492300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.4025 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 1.492300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.524300000 |
| 2nd High | 1.521700000 |
| Next High | 1.492300000 |
| Current Price | 1.434300000 |
| Next Low | 1.352400000 |
| 2nd Low | 1.332700000 |
| 3rd Low | 1.283300000 |