XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A descent down to the next support line at 1.900000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 2.728100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.2694 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 2.728100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2.909200000 |
| Next High | 2.728100000 |
| Current Price | 2.243000000 |
| Next Low | 1.900000000 |
| 2nd Low | 1.673900000 |
| 3rd Low | 1.429200000 |