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DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle is detected, the price is about to break out.
A descending triangle identifies a reliable bearish chart formation that often predicts a further move down once price breaks down.
Xrpusd targets a move towards 1.44.
ASCENDING CHANNEL
Ripple
XRP/USD
4H
An ascending channel is close to completion.
An ascending channel can be thought of as a reliable bearish price action formation that identifies a break during an uptrending market once price breaks out.
Xrpusd dives out bullish trendline towards the 1.44 mark.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel revealed, the price is going to break out.
An ascending channel indicates a pause in an uptrending market when price breaks out.
Xrpusd set to fall towards 1.45 on impulse below 1.46 as xrpusd becomes weaker.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
There is a descending channel arising, the price calls for a next bigger move to confirm descending channel breakout.
A descending channel is said to depict a specific price formation that is used to spot a temporary interruption of an existing trend if price breaks above resistance.
Xrpusd to turn bullish towards the 1.46 mark.
FALLING WEDGE
Ripple
XRP/USD
1H
There is a falling wedge forming.
A falling wedge tends to be a useful pattern that has a downward slope that is used to predict the bears have run out of steam if price breaks out to the the upside.
It is not ruled out that a bullish push up towards the 1.425 level will be made.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
There is an ascending triangle developing, the price requests a next steady move as proof of a breakdown.
An ascending triangle denotes a specific indicator that typically predicts that the price to go short once price breaks below support.
Xrpusd turns bearish towards the 1.41 mark as xrpusd nears 1.42 hurdle.
PENNANT
Ripple
XRP/USD
1H
There is a pennant happening.
When price breaks out, the move could indicate that the price will rally further.
Xrpusd to push up towards the 1.43 level as there is a chance for a upside correction.
BEARISH FLAG
Ripple
XRP/USD
1H
It seems like a bearish flag materializes.
A bearish flag depicts a useful price formation that is used to predict a breakdown is likely to occur when price breaks below support.
Xrpusd risks a move to 1.42 on a breakdown of the bearish flag.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle comes out, the price expects a more move as a sign of a breakout.
A descending triangle is said to depict a bullish chart signal that is used to spot a next move up once price breaks out.
There is a probability of a move towards 1.4.
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