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
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
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
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: Descending Channel
XRP/USD,
4 hours
LONG
Mar 19
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.
Ripple: Ascending Channel
XRP/USD,
4 hours
SHORT
Dec 30
It seems like an ascending channel appears, the price demands a more bigger move as an indication of a breakdown.
In case if price collapses through the support line, the resulting move could spot a further move down.
It is not ruled out that corrective downside to 0.61 will happen as gains remain capped.
Ripple: Ascending Triangle
XRP/USD,
1 hour
SHORT
Nov 9
It seems like the price sets up an ascending triangle.
An ascending triangle often signals that the price to go short if price breaks out.
XRP/USD tests a move to 0.68.
Ripple: Rising Wedge
XRP/USD,
1 hour
SHORT
Jun 28
A rising wedge emerges and the price is breaking out.
A rising wedge is said to depict a compelling indicator that can be used to predict the more likely potential of falling prices once price breaks out to the the downside.
XRP/USD does not rule out a move to 0.48 on a downside break as risk reversal sheds bullish bias.
Ripple: Rectangle
XRP/USD,
4 hours
LONG
Dec 25
There is a rectangle spotted, the price breaks out soon.
If price breaks through the resistance, the resulting move could indicate the more likely potential of rising prices.
It is likely that a move towards 0.63 will occur on a break above 0.626 as the cryptocurrency is at a brink of a bullish breakout.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Feb 26
There is a descending channel developing, the price breaks out.
Once price breaks through the resistance, the resulting move could signal a bullish move.
It is possible that a bullish push up towards 0.55 will take place on a breach of 0.546 as minor hurdle remains at 0.546.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Dec 3
An ascending channel is very close to being finished and the price is ready to break out.
An ascending channel is a useful bearish chart indicator that results in an extension in the downward direction when price collapses through the support line.
A bearish continuation to the 0.615 zone is on the cards on a breakout of the ascending channel as bearish momentum increases.
Ripple: Pennant
XRP/USD,
4 hours
SHORT
Aug 29
There is a pennant encountered.
A pennant often identifies a bearish move in case if price collapses through the support line.
There is a possibility of a bearish continuation towards 0.515 as the cryptocurrency nears 0.516 hurdle.
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Ripple · XRP/USD