As we can see XRP/USD builds a descending triangle and the price is ready to break out.
A descending triangle depicts a chart pattern that spots a sharp rise if price breaks out to the the upside.
XRP/USD to enjoy a considerable gain towards 0.625 on a breakout of the descending triangle.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Jul 13
There is a descending channel poping up, the price breaks out.
A descending channel represents a technical price signal that typically spots the more likely potential of rising prices once price breaks out to the the upside.
It is likely that a bullish continuation to 0.474 will take place.
Ripple: Rising Wedge
XRP/USD,
1 hour
SHORT
Apr 15
There is a rising wedge coming out, the price is close to breaking out soon.
A rising wedge results in a bearish price move in case if price breaks below support.
A bearish continuation to 2.12 is probable.
Ripple: Symmetrical Triangle
XRP/USD,
1 hour
LONG
Jan 7
It looks like a symmetrical triangle appears and the price needs a more move as an information of a breakout.
Once price breaks above resistance, the resulting move could predict that the price will rally further.
A further bullish price action to the 0.575 mark looks likely on a breach of 0.569 as bulls looking for profit.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Oct 23
It looks like a descending channel arises and XRP/USD requires a next active move as proof of a breakout.
A descending channel identifies a technical formation that typically indicates a further move up once price breaks out.
A bullish continuation towards the 0.54 mark is likely.
Ripple: Descending Triangle
XRP/USD,
1 hour
SHORT
Jun 29
There is a descending triangle discovered, XRP/USD demands further pullback as a clue of a breakdown.
A descending triangle typically signals a bearish move when price breaks out to the the downside.
XRP/USD could drop to the 2.18 level as bearish momentum increases.
Ripple: Descending Triangle
XRP/USD,
1 hour
LONG
Dec 8
A descending triangle has been uncovered and the price requests a more move as an information of a breakout.
A descending triangle depicts a reliable chart pattern that is used to identify a further move up in case if price breaks out.
There is a probability of a move towards the 0.645 level.
Ripple: Pennant
XRP/USD,
1 hour
LONG
Apr 10
We can see that a pennant has been diagnosed and the price needs a more bigger impulse up as an indication of a breakout.
When price breaks out, the move could identify a bullish price move.
XRP/USD opens door for a move to the 0.506 level on a breach of 0.5045 as the wind continues blowing in favor of the cryptocurrency.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Aug 4
There is a pennant materializing.
A pennant provides a chart formation that is used to spot a bearish price action if price breaks out to the the downside.
A rangebound towards 0.54 about to be made.
Ripple: Rising Wedge
XRP/USD,
4 hours
SHORT
Dec 24
It seems like a rising wedge is very close to being completed, XRP/USD requests a further active move for the certainty of breakout.
A rising wedge describes a compelling price action signal that can be used to predict a sharp decline in case if price breaks down.
XRP/USD dives out bullish trendline towards 0.615 as downtrend may continue.
Ripple: Pennant
XRP/USD,
1 hour
LONG
Sep 28
A pennant is noticed.
A pennant predicts that prices are likely to keep rallying upward when price breaks out.
A further bullish move towards 0.594 looks probable while above 0.5925.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
May 29
There is a pennant detected and the price requests a next strong bearish move for clear breakout confirmation.
A pennant is a technical price action signal that is used to identify the bulls have run out of steam if price breaks through the support.
XRP/USD to accomodate to the 0.526 zone.
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Ripple · XRP/USD