XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support line at 2.127800000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 2.237900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.1277 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 2.237900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.332500000 |
| 2nd High | 2.317300000 |
| Next High | 2.237900000 |
| Current Price | 2.169700000 |
| Next Low | 2.127800000 |
| 2nd Low | 2.127700000 |
| 3rd Low | 1.900000000 |