XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 2.237900000 will persist.
Caution: A possible counter-trend in the direction of the support level at 2.133400000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.211578 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2.237900000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.332500000 |
| 2nd High | 2.317300000 |
| Next High | 2.237900000 |
| Current Price | 2.189200000 |
| Next Low | 2.133400000 |
| 2nd Low | 2.114900000 |
| 3rd Low | 1.900000000 |