We can see that XRP/USD develops a falling wedge and XRP/USD asks for a more move as evidence of a breakout.
A falling wedge predicts that prices are likely to keep rallying upward once price breaks out.
It is not ruled out that a bullish run to the 2.2 zone will take place as extra rangebound not ruled out.
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.
Ripple: Falling Wedge
XRP/USD,
1 hour
LONG
Mar 28
There is a falling wedge recognized and the price is close to breaking out.
A falling wedge denotes a specific indicator that signals that the price will rally further when price breaks out to the the upside.
It is possible that a further bullish push up towards 0.62 will take place on a breakout of the falling wedge.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Apr 30
A rectangle has been found.
A rectangle identifies a signal that typically spots the bulls have run out of steam once price breaks below support.
XRP/USD set to lose more ground to 0.47 on a breach of 0.473 as extra rangebound not ruled out.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Apr 15
There is a pennant forming and the price requires a further bearish action as proof of a breakout.
A pennant describes a technical price signal that is used to spot that the price to go down when price breaks out to the the downside.
A further bearish continuation towards the 2.12 mark is likely to happen on a breakout of the pennant.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Oct 1
A descending channel has been identified.
Once price breaks above resistance, the move could indicate a bullish move.
Xrpusd aims to complete a retracement towards 2.88 as minor hurdle remains at 2.855.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Jul 3
There is a descending channel occuring, the price lacks a next active impulse up as an indication of a breakout.
If price breaks above resistance, the resulting move could spot that the price to go up.
A bullish continuation to the 0.5 mark is likely to happen on a break above 0.48 as the cryptocurrency resumes the upside.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Feb 24
A rectangle is diagnosed.
When price collapses through the support line, the resulting move could identify a bearish move.
XRP/USD risks a correction to 2.5 on a breakout of the rectangle.
Ripple: Symmetrical Triangle
XRP/USD,
1 hour
LONG
Dec 1
A symmetrical triangle turns up.
When price breaks above resistance, the resulting move could spot the more likely potential of rising prices.
A bullish move to 1.94 is a possibility on a breach of 1.92 as there is a chance for a upside correction.
Ripple: Descending Triangle
XRP/USD,
1 hour
LONG
Oct 6
There is a descending triangle developing and XRP/USD asks for a more bullish continuation as a clue of a breakout.
Once price breaks out, the resulting move could identify a sharp rise.
XRP/USD looks north to the 0.534 level as downside pressure seen easing.
Ripple: Ascending Triangle
XRP/USD,
4 hours
LONG
Dec 4
An ascending triangle happens.
When price breaks above resistance, the move could predict the bears have run out of steam.
XRP/USD to accomodate to 0.64.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Jan 19
A descending channel is close to completion, the price is ready to break out now.
If price breaks out to the the upside, the resulting move could spot a sharp rise.
XRP/USD looks ready to further extend its gains towards the 3.25 level as bulls lurking in demand zone.
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Ripple · XRP/USD