Open:
High:
Low:
Close:
ASCENDING CHANNEL
Ripple
XRP/USD
1H
The price forms an ascending channel, the price is ready to break out.
An ascending channel suggests a reliable bearish chart formation that is angled up that often identifies a move down once price breakdown occurs.
Xrpusd hints a change to the downside to 1.42.
FALLING WEDGE
Ripple
XRP/USD
4H
A falling wedge comes out and the price requires a next bigger move as evidence of a breakout.
A falling wedge denotes a bullish pattern that is used to indicate a break during a downtrending market if price breaks through the resistance.
A bullish move towards 1.44 is probable on a breach of 1.44 as bullish momentum increases.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
We can see that a descending channel is close to being completed.
In case if price breaks above resistance, the move could indicate that the price to go up.
A further bullish push up to the 1.43 zone is likely to happen while above 1.422 as the mood may improve.
PENNANT
Ripple
XRP/USD
1H
There is a pennant arising and xrpusd asks for more fall as proof of a breakout.
A pennant identifies a technical bearish price pattern that can be used to identify an extension in the downward direction when price breaks below support.
Xrpusd to push down towards the 1.41 zone.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
We can see that a descending channel happens, the price wants a further bigger move for clear breakout confirmation.
If price breaks above resistance, the move could spot a next move up.
Xrpusd embarks on a bullish correction to 1.45.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
A descending channel is almost completed.
A descending channel predicts that prices are likely to keep rallying upward if price breaks through the resistance.
Xrpusd tests a move towards the 1.42 mark on a upside break.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
Xrpusd sets up a descending channel, xrpusd wants a next bullish impulse to confirm descending channel breakout.
A descending channel represents a bullish indicator that identifies a trend change to the upside when price breaks out to the the upside.
A rangebound towards the 1.44 level about to be made once above 1.415.
DESCENDING TRIANGLE
Ripple
XRP/USD
4H
We can see that a descending triangle has been encountered and the price is breaking out.
A descending triangle is believed to be a compelling bearish chart pattern that can be used to predict a next move down when price breaks out.
Xrpusd set to extend its decline towards 1.35 on a downside break as the cryptocurrency looks offered.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
An ascending triangle pops up, the price is going to break out.
An ascending triangle provides a bearish price action pattern that can be used to signal an extension in the downward direction when price breaks out.
Xrpusd could drop towards 1.48 once below 1.485.
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