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.
A falling wedge has been found.
A falling wedge is a specific formation that identifies that the price to go up in case if price breaks above resistance.
XRP/USD turns bullish to 2.14 on a break above 2.115.
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.
Ripple: Descending Channel
XRP/USD,
1 hour LONG
Jan 10
12:00 912:001012:001112:000.5400.5450.5500.5550.5600.5650.5700.5750.5800.5850.5900.5950.6000.6050.6100.6150.6200.6250.630↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1H · 10 Jan 2024
It seems like a descending channel has been noticed.
When price breaks out to the the upside, the move could signal that the price to go up.
It is not ruled out that a further move to the 0.575 mark will form on a breach of 0.57.
A bearish flag takes place, the price asks for a more active move to confirm bearish flag breakdown.
A bearish flag suggests a compelling signal that can be used to identify a bullish-to-bearish trend reversal when price collapses through the support line.
XRP/USD to slide to 0.5 on a breakout of the bearish flag.
Ripple: Descending Channel
XRP/USD,
1 hour LONG
Mar 21
2012:002112:000.370.380.390.400.410.420.430.440.450.460.470.480.490.50↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1H · 21 Mar 2023
There is a descending channel exposed, the price is ready to break out now.
A descending channel often results in that the price will rally further if price breaks above resistance.
It is likely that a rangebound to 0.39 will occur on a breach of 0.387 as XRP/USD is at a brink of a bullish breakout.
Ripple: Descending Channel
XRP/USD,
1 hour LONG
Dec 24
2312:002412:00250.6000.6050.6100.6150.6200.6250.6300.6350.6400.645↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1H · 24 Dec 2023
As we can see a descending channel has been distinguished, the price requests a further strong bullish impulse for the certainty of breakout.
A descending channel describes a compelling indicator that results in that prices move counter to the prevailing price trend if price breaks out to the the upside.
There is a probability of a bullish run to the 0.624 mark as the cryptocurrency probes 0.622 hurdle.
Ripple: Rectangle
XRP/USD,
1 hour SHORT
Jan 7
612:00 712:00 80.5400.5450.5500.5550.5600.5650.5700.5750.5800.585↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1H · 7 Jan 2024
A rectangle is almost finished, the price is going to break out.
A rectangle indicates the more likely potential of falling prices in case if price breaks down.
A rangebound to 0.564 is possible on impulse below 0.5655.
Ripple: Falling Wedge
XRP/USD,
1 day LONG
Mar 20
Feb1020Mar10200.340.360.380.400.420.440.460.480.500.520.540.560.580.60↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1D · 20 Mar 2023
There is a falling wedge emerging.
A falling wedge is said to depict a technical price action signal that predicts a trend change to the upside in case if price breaks out.
A move to 0.39 is going to happen on a breakout of the falling wedge.
Ripple: Descending Channel
XRP/USD,
1 hour LONG
Feb 26
2412:002512:002612:002712:000.5200.5250.5300.5350.5400.5450.5500.5550.5600.5650.5700.5750.5800.5850.5900.5950.600↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1H · 26 Feb 2024
We can see that a descending channel takes place.
A descending channel represents a useful bullish indicator that often predicts a sharp rise in case if price breaks out to the the upside.
A bullish continuation towards 0.545 looks possible as XRP/USD becomes supported.
Ripple: Pennant
XRP/USD,
1 day SHORT
Feb 25
1020Feb1020Mar101.61.82.02.22.42.62.83.03.23.43.6↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 1D · 25 Feb 2025
It seems like a pennant has been diagnosed.
Once price breakdown occurs, the move could predict a bearish price action.
XRP/USD turns lower to 2.4.
Ripple: Descending Channel
XRP/USD,
4 hours LONG
Mar 19
14151617181920210.340.350.360.370.380.390.400.410.420.430.440.450.460.470.480.490.50↓ resistance ↓↑ support ↑breakoutPatterns.ccXRP/USD · 4H · 19 Mar 2023
There is a descending channel occuring and XRP/USD expects rise as an indication of a breakout.
A descending channel is believed to be a useful chart pattern with a downward bias that often spots a temporary interruption of an existing trend if price breaks out.
It is possible that a rangebound to 0.39 will occur as door open for the continuation of the uptrend.
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