A pennant is nearing completion.
A pennant represents a specific price signal that is used to spot the bulls have run out of steam when price collapses through the support line.
XRP/USD could attempt a move to the 0.456 mark.
Ripple: Rectangle
XRP/USD,
4 hours
SHORT
Feb 26
There is a rectangle arising.
A rectangle signals extending an downtrend once price collapses through the support line.
XRP/USD risks suffer setback to 0.52 as risk reversal sheds bullish bias.
Ripple: Bullish Rectangle
XRP/USD,
1 hour
LONG
Feb 19
It seems like a bullish rectangle is almost completed.
A bullish rectangle tends to be a bullish chart signal that spots a bullish price action if price breaks above resistance.
It is not ruled out that a rangebound to 0.566 will happen as there is a chance for a upside correction.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Jul 27
As we can see a descending channel happens, XRP/USD needs a bullish action as a sign of a breakout.
If price breaks out to the the upside, the resulting move could signal a next move up.
XRP/USD to move upward towards 0.605 on a breakout of the descending channel as there is a chance for a upside correction.
Ripple: Ascending Triangle
XRP/USD,
1 hour
SHORT
Jun 23
There is an ascending triangle appearing.
An ascending triangle typically identifies an extension in the downward direction once price breaks down.
XRP/USD to plummet to 0.487 on a downside break.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Mar 10
It seems like a rectangle materializes and XRP/USD expects a next active bearish move as proof of a breakdown.
A rectangle denotes a specific bearish indicator that is used to predict a next move down once price breaks out.
XRP/USD set to accelerate its decline to 0.615 on a breakdown of the rectangle.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Mar 19
A descending channel is very close to being completed.
A descending channel is believed to be a useful chart indicator that indicates a break during a downtrending market when price breaks through the resistance.
A move to 0.66 is about to happen as there is room for a upside correction.
Ripple: Rising Wedge
XRP/USD,
4 hours
SHORT
May 6
A rising wedge occurs, the price requests a bigger move as a verification of a breakdown.
A rising wedge is a useful price action pattern that has an upward slope that can be used to indicate a breakdown is likely to occur when price breaks below support.
It is not ruled out that further decline towards 0.455 will happen.
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Oct 23
There is a rectangle uncovered, the price breaks out now.
A rectangle describes a technical bullish price action formation that can be used to signal a bullish price action in case if price breaks out to the the upside.
It is not ruled out that a move towards the 0.53 zone will take place on a breakout of the rectangle.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Sep 15
As we can see a descending channel is close to being finished, the price is breaking out.
A descending channel is believed to be a bullish price action formation with a downward bias that is used to indicate a bullish move in case if price breaks through the resistance.
XRP/USD advances higher to 0.6 once above 0.59.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 28
The price gives a descending channel, the price lacks a bigger move as proof of a breakout.
A descending channel is a reliable bullish chart formation that has a downward slope that identifies a move up if price breaks through the resistance.
XRP/USD targets a move towards the 0.615 zone as the wind continues blowing in favor of XRP/USD.
Ripple: Ascending Channel
XRP/USD,
4 hours
SHORT
Jan 3
There is an ascending channel recognized, the price is going to break out.
In case if price breaks through the support, the resulting move could spot prices are likely to keep falling downward.
It is possible that corrective downside towards 0.61 will form.
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Ripple · XRP/USD