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: Ascending Triangle
XRP/USD,
1 hour
SHORT
Oct 13
As we can see an ascending triangle happens.
An ascending triangle denotes a bearish pattern that has an upward slope that can be used to signal price heading to a new direction when price breakdown occurs.
There is a probability of a move to the 0.536 mark as door open for the continuation of the downtrend.
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: Descending Triangle
XRP/USD,
1 hour
LONG
May 6
As we can see XRP/USD sets up a descending triangle, XRP/USD expects a further active bullish action as proof of a breakout.
A descending triangle is said to depict a signal that can be used to identify a further move up if price breaks above resistance.
It is likely that a bullish run to 0.535 will be made.
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.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Jul 5
An ascending channel is almost finished, the price is close to breaking out.
An ascending channel often spots a bullish-to-bearish trend reversal when price breaks below support.
XRP/USD to plummet to the 0.48 mark.
Ripple: Descending Triangle
XRP/USD,
4 hours
LONG
Jul 11
There is a descending triangle appearing, XRP/USD requests a more steady move as an indication of a breakout.
A descending triangle spots the bears have run out of steam when price breaks out.
XRP/USD challenges a move towards the 0.45 mark as XRP/USD challenges 0.44 hurdle.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Jul 3
There is a pennant developing and XRP/USD wants a steady move as an information of a breakout.
A pennant typically results in a bearish price move in case if price breaks down.
XRP/USD is at risk of extending its slump to the 0.478 zone.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Jun 2
An ascending channel is spotted.
An ascending channel identifies that the price to go down if price breaks out.
XRP/USD to turn bearish to the 0.518 level as bearish momentum increases.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Jun 10
An ascending channel is identified and XRP/USD needs a next bigger move as a verification of a breakout.
An ascending channel identifies a technical chart pattern that can be used to spot prices are likely to keep falling downward in case if price breaks out to the the downside.
XRP/USD looks for a setback to the 0.494 mark as XRP/USD becomes under pressure.
Ripple: Bearish Flag
XRP/USD,
1 hour
SHORT
Apr 3
There is a bearish flag determined, the price is breaking out.
A bearish flag tends to be an indicator that signals an extension in the downward direction once price breaks out to the the downside.
It is not ruled out that extra downside to the 0.505 mark will happen as the cryptocurrency becomes depressed.
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Ripple · XRP/USD