A bearish flag takes place, the price asks for a more active move to confirm bearish flag breakdown.
A bearish flag suggests a compelling signal that can be used to identify a bullish-to-bearish trend reversal when price collapses through the support line.
XRP/USD to slide to 0.5 on a breakout of the bearish flag.
Ripple: Rectangle
XRP/USD,
1 day
LONG
Feb 28
A rectangle is very close to being completed, the price is close to breaking out soon.
A rectangle suggests a compelling chart signal that signals the bears have run out of steam when price breaks above resistance.
A bullish continuation to the 0.6 mark is probable.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
There is a descending channel exposed, the price is ready to break out now.
A descending channel often results in that the price will rally further if price breaks above resistance.
It is likely that a rangebound to 0.39 will occur on a breach of 0.387 as XRP/USD is at a brink of a bullish breakout.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Dec 24
As we can see a descending channel has been distinguished, the price requests a further strong bullish impulse for the certainty of breakout.
A descending channel describes a compelling indicator that results in that prices move counter to the prevailing price trend if price breaks out to the the upside.
There is a probability of a bullish run to the 0.624 mark as the cryptocurrency probes 0.622 hurdle.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Jan 7
A rectangle is almost finished, the price is going to break out.
A rectangle indicates the more likely potential of falling prices in case if price breaks down.
A rangebound to 0.564 is possible on impulse below 0.5655.
Ripple: Falling Wedge
XRP/USD,
1 day
LONG
Mar 20
There is a falling wedge emerging.
A falling wedge is said to depict a technical price action signal that predicts a trend change to the upside in case if price breaks out.
A move to 0.39 is going to happen on a breakout of the falling wedge.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Feb 26
We can see that a descending channel takes place.
A descending channel represents a useful bullish indicator that often predicts a sharp rise in case if price breaks out to the the upside.
A bullish continuation towards 0.545 looks possible as XRP/USD becomes supported.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Mar 19
There is a descending channel occuring and XRP/USD expects rise as an indication of a breakout.
A descending channel is believed to be a useful chart pattern with a downward bias that often spots a temporary interruption of an existing trend if price breaks out.
It is possible that a rangebound to 0.39 will occur as door open for the continuation of the uptrend.
Ripple: Ascending Channel
XRP/USD,
4 hours
SHORT
Dec 30
It seems like an ascending channel appears, the price demands a more bigger move as an indication of a breakdown.
In case if price collapses through the support line, the resulting move could spot a further move down.
It is not ruled out that corrective downside to 0.61 will happen as gains remain capped.
Ripple: Rectangle
XRP/USD,
1 day
SHORT
Apr 4
Ripple: Ascending Triangle
XRP/USD,
1 hour
SHORT
Nov 9
It seems like the price sets up an ascending triangle.
An ascending triangle often signals that the price to go short if price breaks out.
XRP/USD tests a move to 0.68.
Ripple: Rising Wedge
XRP/USD,
1 hour
SHORT
Jun 28
A rising wedge emerges and the price is breaking out.
A rising wedge is said to depict a compelling indicator that can be used to predict the more likely potential of falling prices once price breaks out to the the downside.
XRP/USD does not rule out a move to 0.48 on a downside break as risk reversal sheds bullish bias.
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