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ASCENDING TRIANGLE
Ripple
XRP/USD
1H
There is an ascending triangle emerging, the price is going to break out.
An ascending triangle indicates a bearish price move once price breakdown occurs.
It is possible that a bearish price action towards the 2.16 zone will occur on a break below 2.18 as the cryptocurrency becomes under pressure.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
It looks like the price creates a descending channel, xrpusd asks for a more bigger impulse up for the certainty of breakout.
A descending channel identifies a compelling bullish price action indicator that typically identifies a temporary interruption during a falling market in case if price breaks out to the the upside.
Xrpusd to look for a further push towards the 2.28 mark.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
A descending channel is revealed.
When price breaks out to the the upside, the resulting move could indicate extending an uptrend.
A bullish move towards 2.26 is likely to happen.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel forming.
An ascending channel represents a useful chart pattern that is used to indicate a pause in an uptrending market in case if price breaks down.
Xrpusd to head to 2.2 on a breach of 2.205 as the cryptocurrency failes to keep gains.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel materializing, xrpusd requires a further bigger move as a clue of a breakout.
In case if price breaks above resistance, the resulting move could spot the more likely potential of rising prices.
Xrpusd embarks on a bullish correction towards the 2.28 level.
FALLING WEDGE
Ripple
XRP/USD
1H
A falling wedge is almost done and xrpusd needs a more move as a verification of a breakout.
A falling wedge typically signals the more likely potential of rising prices when price breaks above resistance.
Xrpusd challenges a move towards 2.26 as bulls looking for profit.
PENNANT
Ripple
XRP/USD
1H
It seems like xrpusd creates a pennant.
When price breaks out to the the downside, the move could predict a bearish price move.
A bearish run to the 2.24 level is going to happen.
FALLING WEDGE
Ripple
XRP/USD
1H
It seems like a falling wedge is diagnosed and the price breaks out soon.
A falling wedge often spots a further move up once price breaks through the resistance.
Xrpusd aims to complete a retracement towards the 2.28 mark once above 2.27.
FALLING WEDGE
Ripple
XRP/USD
1H
It seems like a falling wedge is close to being complete, the price is going to break out.
In case if price breaks out to the the upside, the resulting move could predict a break in the price direction.
A move towards 2.3 stays on the cards as the cryptocurrency probes 2.28 hurdle.
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