XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 2.822300000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 3.128000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.9553 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 3.128000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.156000000 |
| 2nd High | 3.147200000 |
| Next High | 3.128000000 |
| Current Price | 3.030500000 |
| Next Low | 2.822300000 |
| 2nd Low | 2.782600000 |
| 3rd Low | 2.763700000 |
3.128000000 – 3.088600000 – 3.105600000 – 2.822300000 – 2.969700000 – 2.782600000 — 70.63653508118 – 67.90700211604