There is a rectangle spotted, the price breaks out soon.
If price breaks through the resistance, the resulting move could indicate the more likely potential of rising prices.
It is likely that a move towards 0.63 will occur on a break above 0.626 as the cryptocurrency is at a brink of a bullish breakout.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Feb 26
There is a descending channel developing, the price breaks out.
Once price breaks through the resistance, the resulting move could signal a bullish move.
It is possible that a bullish push up towards 0.55 will take place on a breach of 0.546 as minor hurdle remains at 0.546.
Ripple: Descending Triangle
XRP/USD,
1 hour
LONG
May 6
As we can see XRP/USD sets up a descending triangle, XRP/USD expects a further active bullish action as proof of a breakout.
A descending triangle is said to depict a signal that can be used to identify a further move up if price breaks above resistance.
It is likely that a bullish run to 0.535 will be made.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Dec 3
An ascending channel is very close to being finished and the price is ready to break out.
An ascending channel is a useful bearish chart indicator that results in an extension in the downward direction when price collapses through the support line.
A bearish continuation to the 0.615 zone is on the cards on a breakout of the ascending channel as bearish momentum increases.
Ripple: Pennant
XRP/USD,
4 hours
SHORT
Aug 29
There is a pennant encountered.
A pennant often identifies a bearish move in case if price collapses through the support line.
There is a possibility of a bearish continuation towards 0.515 as the cryptocurrency nears 0.516 hurdle.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Jul 5
An ascending channel is almost finished, the price is close to breaking out.
An ascending channel often spots a bullish-to-bearish trend reversal when price breaks below support.
XRP/USD to plummet to the 0.48 mark.
Ripple: Bearish Flag
XRP/USD,
1 hour
SHORT
Apr 3
There is a bearish flag determined, the price is breaking out.
A bearish flag tends to be an indicator that signals an extension in the downward direction once price breaks out to the the downside.
It is not ruled out that extra downside to the 0.505 mark will happen as the cryptocurrency becomes depressed.
Ripple: Descending Triangle
XRP/USD,
1 hour
SHORT
Mar 31
A descending triangle has been revealed and the price is ready to break out soon.
A descending triangle tends to be a technical signal that is used to predict a sharp decline if price breaks down.
XRP/USD tests a move to 0.52 as the cryptocurrency becomes weaker.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Sep 24
A pennant is diagnosed, XRP/USD calls for a strong bearish move as an information of a breakout.
A pennant denotes a chart signal that can be used to identify prices are likely to keep falling downward once price breaks out.
XRP/USD to slump towards 0.508 as XRP/USD becomes capped.
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Mar 7
As we can see a rectangle has been revealed, the price expects a next bullish impulse as a sign of a breakout.
A rectangle often spots a bullish move in case if price breaks out.
A further rangebound to the 0.374 zone is on the way as the mood may improve.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Jun 19
We can see that a descending channel forms.
In case if price breaks out, the resulting move could indicate a tendency to break in the opposite direction.
It is not ruled out that a bullish continuation to 0.5 will be made on a breakout of the descending channel as the mood may improve.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Jan 22
A rectangle has been detected.
A rectangle typically predicts the bulls have run out of steam once price breaks down.
XRP/USD risks a move to 0.546 while below 0.547.
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Ripple · XRP/USD