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Ripple · XRP/USD

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Ripple: Rising Wedge

XRP/USD, 1 hour    SHORT 8 hours ago
As we can see a rising wedge takes place and XRP/USD requests strong pullback as an indication of a breakdown. A rising wedge is believed to be a technical bearish signal that typically indicates a temporary interruption of an existing trend in case if price collapses through the support line. XRP/USD pulls away from recent highs to the 0.32 mark on a breach of 0.326 as indicators favor bears.

Ripple: Pennant

XRP/USD, 4 hours    LONG 44 hours ago
XRP/USD creates a pennant. A pennant provides a specific pattern that often predicts the bears have run out of steam when price breaks above resistance. It is not ruled out that a bullish run to 0.32 will be made.

Ripple: Ascending Channel

XRP/USD, 1 hour    SHORT Jan 21
There is an ascending channel determined, the price breaks out now. An ascending channel often predicts the more likely potential of falling prices once price breaks out to the the downside. XRP/USD looks for a setback to 0.72.

Ripple: Pennant

XRP/USD, 1 hour    SHORT May 11
A pennant is observed and the price is ready to break out now. A pennant tends to be a technical bearish price indicator that can be used to spot prices are likely to keep falling downward once price breaks below support. XRP/USD turns bearish towards the 0.49 mark as the cryptocurrency challenges 0.495 hurdle.

Ripple: Ascending Triangle

XRP/USD, 4 hours    SHORT Jun 10
There is an ascending triangle developing, the price demands further pullback as a verification of a breakout. An ascending triangle can be thought of as a reliable formation that is used to predict an extension in the downward direction in case if price breaks out to the the downside. It is not ruled out that a bearish price action towards the 0.38 level will happen as there is a chance for a downside correction.

Ripple: Symmetrical Triangle

XRP/USD, 1 hour    LONG Jun 23
As we can see a symmetrical triangle has been revealed. A symmetrical triangle represents a specific bullish price signal that often indicates the bears have run out of steam once price breaks out. XRP/USD to continue higher to 0.328.

Ripple: Descending Triangle

XRP/USD, 1 hour    LONG Oct 9
There is a descending triangle noticed and the price requires a more bigger move for clear breakout confirmation. A descending triangle denotes a compelling chart formation that is used to spot the more likely potential of rising prices in case if price breaks above resistance. There is a chance of a bullish move towards 1.1.

Ripple: Descending Channel

XRP/USD, 1 hour    LONG Mar 11
There is a descending channel developing, XRP/USD needs a next bullish impulse as a signal of a breakout. A descending channel provides a bullish price action indicator that results in a sharp rise once price breaks out to the the upside. XRP/USD to look for a further push to the 0.75 mark as door open for a test of 0.75.

Ripple: Ascending Channel

XRP/USD, 1 hour    SHORT Oct 26
There is an ascending channel distinguished and the price lacks a bigger correction as evidence of a breakdown. An ascending channel typically indicates a bullish-to-bearish trend reversal once price collapses through the support line. It is possible that a bearish continuation to the 1.09 zone will happen.

Ripple: Ascending Channel

XRP/USD, 1 hour    SHORT Jan 20
It looks like XRP/USD sets up an ascending channel, the price is ready to break out soon. An ascending channel often predicts a bearish price move when price breaks through the support. XRP/USD to extend the fall towards 0.74 on a breach of 0.745.

Ripple: Bearish Flag

XRP/USD, 1 hour    SHORT Nov 15
It seems like a bearish flag is encountered and XRP/USD requests a next strong correction as an information of a breakout. A bearish flag suggests a bearish price action signal that is used to predict a pause in an uptrending market when price breakdown occurs. There is a probability of a bearish run towards the 1.17 level.

Ripple: Ascending Channel

XRP/USD, 4 hours    SHORT Jun 26
There is an ascending channel discovered, the price wants a strong bearish continuation as proof of a breakout. An ascending channel provides a useful chart indicator that typically results in a bearish price action once price breaks through the support. XRP/USD could extend its slump towards 0.36.
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