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: Ascending Channel
XRP/USD,
4 hours
SHORT
3 days ago
There is an ascending channel occuring, the price asks for a further active move as a sign of a breakdown.
An ascending channel is believed to be a price indicator that is used to predict a move down in case if price breaks out to the the downside.
XRP/USD to plummet to the 0.58 level as the cryptocurrency becomes bearish.
Ripple: Descending Triangle
XRP/USD,
1 hour
SHORT
Mar 31
A descending triangle has been revealed and the price is ready to break out soon.
A descending triangle tends to be a technical signal that is used to predict a sharp decline if price breaks down.
XRP/USD tests a move to 0.52 as the cryptocurrency becomes weaker.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Sep 24
A pennant is diagnosed, XRP/USD calls for a strong bearish move as an information of a breakout.
A pennant denotes a chart signal that can be used to identify prices are likely to keep falling downward once price breaks out.
XRP/USD to slump towards 0.508 as XRP/USD becomes capped.
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Mar 7
As we can see a rectangle has been revealed, the price expects a next bullish impulse as a sign of a breakout.
A rectangle often spots a bullish move in case if price breaks out.
A further rangebound to the 0.374 zone is on the way as the mood may improve.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Jun 19
We can see that a descending channel forms.
In case if price breaks out, the resulting move could indicate a tendency to break in the opposite direction.
It is not ruled out that a bullish continuation to 0.5 will be made on a breakout of the descending channel as the mood may improve.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Aug 19
There is a descending channel coming out and XRP/USD lacks a next move as evidence of a breakout.
A descending channel denotes a formation that spots a tendency to break in the opposite direction once price breaks through the resistance.
XRP/USD to push up to 0.58 on a breach of 0.575 amid rising bets for the move.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Jan 22
A rectangle has been detected.
A rectangle typically predicts the bulls have run out of steam once price breaks down.
XRP/USD risks a move to 0.546 while below 0.547.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 18
A descending channel has been spotted.
In case if price breaks out to the the upside, the resulting move could identify that the price to go up.
A further bullish run towards 0.63 is possible.
Ripple: Ascending Triangle
XRP/USD,
1 hour
LONG
Jul 16
An ascending triangle is exposed.
An ascending triangle represents a useful price signal that can be used to identify a bullish price action in case if price breaks through the resistance.
XRP/USD to continue the appreciation trend to 0.54 once above 0.537.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Mar 9
A descending channel is almost done and the price breaks out soon.
A descending channel identifies a useful price action formation that can be used to signal a bullish price move in case if price breaks out.
It is likely that a rangebound to the 0.4 zone will occur as XRP/USD resumes the upside.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Jun 11
It looks like the price sets up an ascending channel, the price is going to break out soon.
An ascending channel represents a price pattern that has an upward slope that can be used to signal that the price to go short if price breaks down.
There is a chance of extra downside to 0.494 once below 0.4965.
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Ripple · XRP/USD