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: 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
34 hours ago
It looks like XRP/USD gives a descending channel, XRP/USD expects an active move as evidence of a breakout.
Once price breaks through the resistance, the move could indicate a tendency to break in the opposite direction.
XRP/USD embarks on a bullish correction to 2.4 on a breach of 2.32 as XRP/USD becomes bullish.
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: 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: 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 Channel
XRP/USD,
4 hours
SHORT
2 days ago
XRP/USD develops an ascending channel, XRP/USD needs a next bigger move for clear breakout confirmation.
An ascending channel can be thought of as a reliable bearish indicator that is used to predict that the price to go short if price breaks down.
XRP/USD to plummet to 2.2 as XRP/USD loses bullish momentum.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Jan 10
It seems like a descending channel has been noticed.
When price breaks out to the the upside, the move could signal that the price to go up.
It is not ruled out that a further move to the 0.575 mark will form on a breach of 0.57.
Ripple: Ascending Triangle
XRP/USD,
4 hours
SHORT
Apr 11
There is an ascending triangle uncovered, XRP/USD expects further steady fall as an information of a breakout.
An ascending triangle suggests a compelling bearish chart signal that is used to predict prices are likely to keep falling downward in case if price breaks out.
It is likely that a bearish move to 0.6 will be made amid rising bets for the move.
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Ripple · XRP/USD