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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