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Ripple · XRP/USD

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Ripple: Falling Wedge

XRP/USD, 1 hour    LONG 11 hours ago
It seems like a falling wedge is close to being done, the price is breaking out. A falling wedge tends to be a compelling price indicator that is used to indicate the bears have run out of steam when price breaks out. There is a possibility of a bullish push up towards 2.4.

Ripple: Descending Channel

XRP/USD, 4 hours    LONG 4 days ago
A descending channel is very close to being completed. A descending channel tends to be a chart signal that typically results in a potential bullish reversal in price action in case if price breaks out to the the upside. A bullish move to 2.25 looks possible.

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: Descending Channel

XRP/USD, 4 hours    LONG 5 days ago
It seems like a descending channel is very close to being finished. In case if price breaks out to the the upside, the resulting move could spot a next move up. It is not ruled out that a bullish move towards the 2.2 zone will form as the cryptocurrency becomes bid.

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: 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: 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 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: Falling Wedge

XRP/USD, 1 hour    LONG Apr 21
A falling wedge is spotted. A falling wedge can be thought of as a specific indicator that spots a bullish price move when price breaks above resistance. It is likely that a move towards the 2.1 level will form.

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.
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