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
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,
4 hours
LONG
Sep 28
A descending channel has been detected and the price asks for more strong push up as an indication of a breakout.
A descending channel identifies a compelling signal that is used to indicate a pause in a downtrending market if price breaks out to the the upside.
There is a chance of a further move towards 0.6 on a breakout of the descending channel.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Sep 15
As we can see a descending channel is close to being finished, the price is breaking out.
A descending channel is believed to be a bullish price action formation with a downward bias that is used to indicate a bullish move in case if price breaks through the resistance.
XRP/USD advances higher to 0.6 once above 0.59.
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: Descending Channel
XRP/USD,
1 day
LONG
Jul 3
There is a descending channel occuring, the price lacks a next active impulse up as an indication of a breakout.
If price breaks above resistance, the resulting move could spot that the price to go up.
A bullish continuation to the 0.5 mark is likely to happen on a break above 0.48 as the cryptocurrency resumes the upside.
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: Descending Channel
XRP/USD,
1 day
LONG
Sep 22
A descending channel appears.
When price breaks out to the the upside, the resulting move could predict a trend change to the upside.
XRP/USD to extend its rebound to 0.62.
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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