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: Ascending Triangle
XRP/USD,
4 hours
SHORT
Mar 25
As we can see an ascending triangle occurs.
An ascending triangle typically signals a bearish price action in case if price breaks out.
There is a possibility of a move to 2.3 on a breach of 2.42 as the cryptocurrency becomes capped.
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.
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: Descending Triangle
XRP/USD,
1 hour
SHORT
Feb 23
We can see that XRP/USD forms a descending triangle, the price is close to breaking out soon.
A descending triangle describes a compelling price formation that signals that the price to go short if price breaks down.
Corrective downside to the 2.5 mark looks probable.
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.
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Ripple · XRP/USD