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DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle emerges and xrpusd expects a strong move as an information of a breakout.
When price breaks out to the the upside, the resulting move could spot that the price to go long.
It is not ruled out that a bullish run towards the 1.105 mark will be made.
BEARISH FLAG
Ripple
XRP/USD
1H
As we can see the price gives a bearish flag, the price calls for a next bigger move as an indication of a breakdown.
A bearish flag is said to depict a reliable price pattern that is angled up that is used to spot a bearish price action in case if price breakdown occurs.
Xrpusd does not rule out a move to the 1.095 level on a breakout of the bearish flag as xrpusd becomes vulnerable.
FALLING WEDGE
Ripple
XRP/USD
1H
A falling wedge emerges.
A falling wedge is considered to be a reliable bullish pattern that is used to predict a move up in case if price breaks through the resistance.
Xrpusd to grind higher towards 1.1 once above 1.09 as the cryptocurrency looks bid.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle is nearing completion and xrpusd lacks active fall to confirm a breakout.
A descending triangle suggests a technical signal that predicts extending an downtrend in case if price breaks out.
Xrpusd challenges a move to 1.09.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
A descending channel is close to being done.
A descending channel identifies a useful bullish price action indicator that is used to identify a tendency to break in the opposite direction when price breaks through the resistance.
Xrpusd to resume its rise to the 1.12 mark.
ASCENDING CHANNEL
Ripple
XRP/USD
4H
An ascending channel is close to being complete.
An ascending channel is a compelling bearish pattern that has an upward slope that typically results in a change in the prevailing trend when price breaks out.
Xrpusd risks suffer setback to 1.12.
PENNANT
Ripple
XRP/USD
1H
We can see that a pennant is determined.
A pennant describes an indicator that identifies extending an downtrend in case if price breaks out.
Xrpusd is at risk of extending its slump towards the 1.13 mark on impulse below 1.138 as upside pressure alleviates.
RISING WEDGE
Ripple
XRP/USD
1H
As we can see a rising wedge is close to being complete and xrpusd demands a next bearish action as an indication of a breakout.
A rising wedge can be thought of as a compelling signal that can be used to spot the more likely potential of falling prices in case if price breaks through the support.
Xrpusd is at risk of extending its slump towards the 1.14 level on a breakout of the rising wedge.
RECTANGLE
Ripple
XRP/USD
4H
The price completes a rectangle and the price wants a steady move for the certainty of breakout.
A rectangle spots an extension in the upward direction once price breaks above resistance.
A bullish price action towards 1.13 stays on the cards once beyond 1.12 as xrpusd looks bid.
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