Ripple
XRP/USD
4H
A descending channel pops up, the price is breaking out.
A descending channel is a useful formation that has a downward slope that can be used to signal an interruption of a downtrend if price breaks out to the the upside.
It is not ruled out that a bullish push up to the 1.32 mark will happen once above 1.31 as minor hurdle remains at 1.31.