Open:
High:
Low:
Close:
FALLING WEDGE
Ripple
XRP/USD
1H
A falling wedge is very close to being finished, the price asks for further bigger push up as a verification of a breakout.
A falling wedge identifies a specific price pattern that can be used to spot a bullish move when price breaks out to the the upside.
It is possible that a bullish move to 1.345 will be made.
PENNANT
Ripple
XRP/USD
1H
A pennant has been detected, the price is about to break out now.
A pennant can be thought of as a useful price indicator that can be used to signal that the price to go short once price breaks through the support.
Xrpusd could drop to 1.33 on a breach of 1.342 as xrpusd keeps the bid tone.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle is encountered.
A descending triangle represents a reliable chart formation that has a downward slope that is used to identify a bullish price action when price breaks out to the the upside.
Xrpusd turns higher to 1.34 on impulse above 1.328.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
A descending channel is very close to being completed.
A descending channel results in a bullish move when price breaks out to the the upside.
A move to the 1.34 zone is a possibility as bulls seeking a new high.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
It looks like xrpusd forms a descending channel.
In case if price breaks out, the move could identify a further move up.
Xrpusd now looks towards the 1.34 zone once above 1.325.
FALLING WEDGE
Ripple
XRP/USD
1H
There is a falling wedge detected.
A falling wedge identifies a technical bullish price action pattern with a downward bias that is used to identify a trend change to the upside once price breaks through the resistance.
A further bullish run towards 1.34 is about to happen on a breakout of the falling wedge.
RECTANGLE
Ripple
XRP/USD
1H
A rectangle has been noticed, the price is close to breaking out soon.
A rectangle is a specific bearish indicator that is used to identify that the price to go short when price breaks below support.
Xrpusd to prolong the corrective phase to the 1.33 mark.
PENNANT
Ripple
XRP/USD
4H
There is a pennant discovered and the price is ready to break out.
A pennant is considered to be a reliable bearish price pattern that can be used to predict a bearish price action in case if price breaks below support.
It is likely that extra downside towards the 1.32 level will occur.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel forming and the price breaks out now.
Once price breaks through the resistance, the resulting move could predict a bullish price move.
Xrpusd pushes higher to 1.36 once beyond 1.358.
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