Open:
High:
Low:
Close:
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle is almost finished and xrpusd requires a further bearish action as evidence of a breakout.
In case if price breaks down, the resulting move could predict a further move down.
It is not ruled out that extra downside towards 1.13 will happen on a downside break.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
An ascending channel is close to being done and the price is close to breaking out now.
An ascending channel often results in a next move down if price breaks down.
Xrpusd to slump to the 1.14 zone on a breakout of the ascending channel as the cryptocurrency challenges 1.14 hurdle.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
An ascending channel pops up and the price calls for a further strong bearish continuation as a clue of a breakout.
Once price breaks out to the the downside, the move could identify prices are likely to keep falling downward.
It is possible that decline towards 1.145 will occur on a breach of 1.148.
BULLISH FLAG
Ripple
XRP/USD
1H
It seems like a bullish flag is close to being complete, the price is breaking out.
A bullish flag is considered to be a compelling bullish chart indicator that typically identifies a downward trend is nearing its end when price breaks out to the the upside.
Xrpusd to turn bullish towards 1.15 as bulls seeking a new high.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
The price establishes a descending channel.
In case if price breaks above resistance, the move could indicate a change in the prevailing trend.
A bullish continuation towards the 1.16 mark is likely to happen.
RISING WEDGE
Ripple
XRP/USD
1H
There is a rising wedge happening.
A rising wedge is a useful price action pattern that is used to predict a countertrend succeeding the current trend if price breaks down.
Xrpusd could attempt a move to 1.12.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel emerging.
An ascending channel suggests a bearish price formation with an upward bias that often identifies a sharp decline when price breaks through the support.
Xrpusd embarks on a bearish correction to 1.13 on a breakout of the ascending channel.
RECTANGLE
Ripple
XRP/USD
1H
There is a rectangle diagnosed.
If price breaks out to the the upside, the move could signal that the price to go long.
A bullish push up to 1.14 is probable.
PENNANT
Ripple
XRP/USD
4H
A pennant has been detected and the price is about to break out now.
A pennant results in a move up if price breaks through the resistance.
There is a chance of a rangebound to 1.16 as downside pressure seen easing.
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