XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support at 2.174300000 will continue.
Caution: A possible trend reversal in the direction of resistance at 2.680000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 2.9092 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 2.680000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2.909200000 |
| Next High | 2.680000000 |
| Current Price | 2.609900000 |
| Next Low | 2.174300000 |
| 2nd Low | 1.429200000 |
| 3rd Low | 1.283300000 |