It seems like a descending channel is detected, the price is going to break out.
A descending channel is believed to be a compelling bullish price indicator that is used to signal a break in the price direction in case if price breaks out to the the upside.
XRP/USD risks a move to the 0.54 zone on a breakout of the descending channel.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Apr 12
The price builds a pennant.
A pennant often indicates a next move down once price breaks below support.
XRP/USD turns bearish to the 0.605 zone on a breach of 0.608.
Ripple: Bullish Flag
XRP/USD,
1 day
LONG
Jan 4
There is a bullish flag distinguished, XRP/USD demands a bit more consolidation as evidence of a breakout.
A bullish flag signals a further move up in case if price breaks out to the the upside.
XRP/USD opens door for a move to 2.6.
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Oct 15
A rectangle is almost completed, the price is going to break out.
A rectangle depicts a bullish formation that is used to identify extending an uptrend if price breaks above resistance.
XRP/USD to look for a further push to 0.489 on a breach of 0.488 as the mood may improve.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Nov 5
We can see that the price gives a descending channel and XRP/USD requests a further steady move for clear breakout confirmation.
A descending channel suggests a specific chart formation with a downward bias that is used to signal a further move up if price breaks out to the the upside.
A bullish run towards the 0.63 zone looks probable.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
2 days ago
A descending channel is close to completion, the price is ready to break out now.
If price breaks out to the the upside, the resulting move could spot a sharp rise.
XRP/USD looks ready to further extend its gains towards the 3.25 level as bulls lurking in demand zone.
Ripple: Ascending Triangle
XRP/USD,
4 hours
LONG
Aug 18
It looks like an ascending triangle is close to being done.
When price breaks above resistance, the resulting move could spot extending an uptrend.
XRP/USD targets a move to 0.485 on a break above 0.48.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
As we can see a descending channel is spotted.
A descending channel often predicts a pause in a downtrending market when price breaks out.
XRP/USD to grind higher to 0.39 once above 0.384 as the cryptocurrency becomes supported.
Ripple: Bullish Flag
XRP/USD,
4 hours
LONG
Jan 10
XRP/USD shapes a bullish flag, the price is about to break out.
A bullish flag is said to depict a bullish price formation that has a downward slope that results in that the price to go long once price breaks above resistance.
XRP/USD challenges a move to 2.4.
Ripple: Ascending Triangle
XRP/USD,
1 hour
LONG
Aug 7
An ascending triangle appears.
An ascending triangle results in extending an uptrend in case if price breaks out to the the upside.
It is not ruled out that a bullish move to 0.52 will occur on a upside break as weakness seen overdone.
Ripple: Descending Triangle
XRP/USD,
1 hour
LONG
Dec 24
It seems like a descending triangle is uncovered and the price is ready to break out.
A descending triangle denotes a bullish chart signal that can be used to signal a next move up once price breaks above resistance.
There is a chance of a bullish continuation to 0.622 on impulse above 0.622.
Ripple: Ascending Triangle
XRP/USD,
1 hour
SHORT
2 days ago
It seems like an ascending triangle is discovered, XRP/USD wants a further move as an indication of a breakout.
An ascending triangle is considered to be a useful bearish price action indicator that indicates a bearish move in case if price breaks below support.
Corrective downside to 3.15 is probable on a break below 3.18 as weakness continues.
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Ripple · XRP/USD