An ascending triangle turns up, the price is close to breaking out now.
When price collapses through the support line, the resulting move could indicate the more likely potential of falling prices.
Extra downside to 2.4 is on the cards as the cryptocurrency failes to keep gains.
Ripple: Rising Wedge
XRP/USD,
1 hour
SHORT
29 hours ago
A rising wedge is close to completion.
When price collapses through the support line, the move could indicate a break in the price direction.
A further bearish move to the 2.15 zone is likely to happen as xrpusd becomes depressed.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
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
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 Triangle
XRP/USD,
1 day
SHORT
Nov 4
We can see that xrpusd creates a descending triangle and xrpusd expects a strong move as an indication of a breakdown.
A descending triangle spots a move down when price breakdown occurs.
Xrpusd to suffer further downside towards 2.2 on a breach of 2.25.
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: Pennant
XRP/USD,
1 hour
LONG
Nov 21
There is a pennant uncovered and the price calls for an active move as evidence of a breakout.
A pennant can be thought of as an indicator that indicates a bullish price action when price breaks above resistance.
It is likely that a rangebound towards the 1.14 zone will occur on a break above 1.115 as indicators turn bullish.
Ripple: Ascending Channel
XRP/USD,
4 hours
SHORT
Aug 1
An ascending channel is distinguished.
An ascending channel often signals the more likely potential of falling prices if price breakdown occurs.
There is a possibility of extra downside towards the 0.58 zone.
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Ripple · XRP/USD