A rising wedge is almost done, XRP/USD needs an active correction as a verification of a breakdown.
A rising wedge suggests a specific chart formation that is used to indicate a change in the prevailing trend if price breaks through the support.
It is not ruled out that a bearish move to the 0.486 level will form on a breach of 0.4864.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Oct 24
We can see that a descending channel appears, XRP/USD expects a bigger move as proof of a breakout.
A descending channel provides a specific bullish chart formation that can be used to indicate a next move up in case if price breaks out.
A bullish run towards 0.56 looks possible on a breakout of the descending channel.
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.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Oct 20
A descending channel happens and the price requests a steady move as proof of a breakout.
A descending channel is said to depict a reliable bullish formation that signals that the price will rally further in case if price breaks through the resistance.
XRP/USD turns bullish to the 0.546 mark as the cryptocurrency is at a brink of a bullish breakout.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Jun 2
We can see that the price forms a descending channel, XRP/USD asks for a next impulse up to confirm descending channel breakout.
A descending channel is a reliable pattern that can be used to indicate a break during a downtrending market in case if price breaks out to the the upside.
A further bullish move towards the 0.52 zone is possible on a upside break as outlook for the cryptocurrency stays positive.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Jul 30
It seems like a descending channel is very close to being completed and XRP/USD asks for an active move as evidence of a breakout.
A descending channel is believed to be a useful bullish pattern that is used to identify an extension in the upward direction if price breaks above resistance.
XRP/USD tests a move towards the 0.61 zone.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Sep 12
We can see that a descending channel turns up and the price is breaking out.
A descending channel is said to depict a bullish chart pattern that can be used to signal a break in the price direction when price breaks above resistance.
It is not ruled out that a bullish continuation to 0.54 will happen.
Ripple: Bearish Flag
XRP/USD,
1 hour
SHORT
Feb 20
A bearish flag is close to completion, the price demands a bigger correction to confirm a breakdown.
When price breaks below support, the move could signal the bulls have run out of steam.
XRP/USD risks extending drop to 0.555 on a breach of 0.56.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Oct 25
A rectangle forms and the price is ready to break out now.
A rectangle is considered to be a reliable bearish indicator that often predicts the more likely potential of falling prices in case if price breakdown occurs.
XRP/USD to extend its setback towards 0.524 as the cryptocurrency loses bullish momentum.
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Apr 18
The price creates a rectangle.
A rectangle provides a specific bullish price indicator that often signals a bullish move if price breaks through the resistance.
A rangebound to the 0.518 level is possible as the cryptocurrency becomes bid.
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: Bullish Flag
XRP/USD,
1 hour
LONG
Jan 8
A bullish flag is very close to being finished, the price breaks out soon.
A bullish flag describes a chart pattern that results in price reversal after a pause when price breaks above resistance.
A bullish run towards 0.575 is possible as bullish momentum increases.
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Ripple · XRP/USD