There is a rectangle poping up.
A rectangle typically spots the bulls have run out of steam if price breaks out to the the downside.
There is a chance of a bearish move to the 2.36 level.
Ripple: Bearish Flag
XRP/USD,
4 hours
SHORT
4 days ago
It seems like XRP/USD gives a bearish flag, the price expects a move as a signal of a breakout.
Once price breaks through the support, the move could signal a potential reversal in price action.
XRP/USD is at risk of extending its slump towards 2.42.
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: Symmetrical Triangle
XRP/USD,
1 hour
LONG
Mar 2
It seems like a symmetrical triangle occurs and the price calls for a further strong move as an indication of a breakout.
A symmetrical triangle identifies that the price to go long in case if price breaks through the resistance.
XRP/USD to grind higher to 2.22 amid XRP/USD recovers from recent lows.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Nov 7
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: Ascending Channel
XRP/USD,
1 hour
SHORT
Jan 26
There is an ascending channel occuring, the price requests strong push down to confirm a breakout.
An ascending channel can be thought of as a compelling pattern that typically identifies a sharp decline when price breaks out to the the downside.
XRP/USD to plummet towards the 3.11 level.
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: Rising Wedge
XRP/USD,
1 hour
SHORT
Jan 26
A rising wedge is almost finished and the price lacks a more impulse down for the certainty of breakout.
A rising wedge depicts a specific bearish price action indicator that spots a potential reversal in price action if price breaks through the support.
A bearish price action to the 3.11 zone about to be made on a break below 3.115.
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.
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Ripple · XRP/USD