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Ripple · XRP/USD

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Ripple: Ascending Channel

XRP/USD, 1 hour    SHORT Oct 24
There is an ascending channel observed, the price is breaking out. When price breaks out, the move could predict the more likely potential of falling prices. A bearish move towards 0.53 about to be made as extra rangebound not ruled out.

Ripple: Ascending Triangle

XRP/USD, 1 hour    SHORT Jun 27
There is an ascending triangle coming out. An ascending triangle tends to be a specific chart formation that indicates extending an downtrend if price breakdown occurs. XRP/USD challenges a move towards 0.475.

Ripple: Descending Triangle

XRP/USD, 1 hour    LONG Apr 4
A descending triangle is uncovered and the price lacks a bullish continuation as a sign of a breakout. A descending triangle typically identifies that prices are likely to keep rallying upward in case if price breaks out to the the upside. XRP/USD to push up towards 0.505 as bulls look for entries.

Ripple: Descending Channel

XRP/USD, 4 hours    LONG Dec 22
It seems like a descending channel is recognized and XRP/USD needs a more strong bullish move as a clue of a breakout. A descending channel identifies a pause in a downtrending market in case if price breaks through the resistance. XRP/USD to surge considerably towards 0.63.

Ripple: Descending Channel

XRP/USD, 1 hour    LONG Dec 20
It looks like a descending channel is found. A descending channel represents a technical price action indicator that is used to identify an extension in the upward direction when price breaks above resistance. It is likely that a rangebound towards 0.615 will be made as XRP/USD sticks to the positive mood.

Ripple: Falling Wedge

XRP/USD, 1 hour    LONG Jan 1
A falling wedge comes out and XRP/USD lacks a move as a sign of a breakout. Once price breaks through the resistance, the resulting move could identify that prices are likely to keep rallying upward. A bullish run to 0.62 is about to happen while above 0.616.

Ripple: Descending Channel

XRP/USD, 1 hour    LONG May 16
It looks like a descending channel is noticed, the price requires a bullish action as a sign of a breakout. A descending channel tends to be a technical pattern that is used to identify an extension in the upward direction in case if price breaks above resistance. XRP/USD does not rule out a move to the 0.428 mark amid XRP/USD reclaims part of the ground lost.

Ripple: Pennant

XRP/USD, 4 hours    LONG Mar 27
A pennant has been observed and the price asks for a next strong bullish continuation as a verification of a breakout. A pennant tends to be a specific price action pattern that can be used to signal the bears have run out of steam when price breaks out. It is not ruled out that a further bullish push up to 0.48 will occur.

Ripple: Descending Channel

XRP/USD, 4 hours    LONG Jun 29
It looks like XRP/USD creates a descending channel and the price is ready to break out soon. A descending channel is believed to be a bullish chart pattern that identifies the bears have run out of steam in case if price breaks through the resistance. A move towards the 0.48 level is about to happen.

Ripple: Symmetrical Triangle

XRP/USD, 4 hours    LONG May 17
It seems like the price sets up a symmetrical triangle and the price is close to breaking out now. In case if price breaks above resistance, the move could predict a move up. XRP/USD to surge considerably towards the 0.435 mark once above 0.43 as XRP/USD becomes supported.

Ripple: Ascending Channel

XRP/USD, 4 hours    SHORT Mar 14
It looks like the price creates an ascending channel, XRP/USD expects a further steady move as a clue of a breakout. An ascending channel can be thought of as a useful chart indicator that often spots an extension in the downward direction when price breaks down. XRP/USD to move downward towards 0.64.

Ripple: Descending Triangle

XRP/USD, 1 hour    LONG Feb 10
There is a descending triangle emerging and the price demands a move as a verification of a breakout. A descending triangle suggests a specific price action indicator that can be used to signal a next move up in case if price breaks above resistance. XRP/USD to peak to the 0.524 zone on impulse above 0.523.
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