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CANAL ASCENDENTE
Ripple
XRP/USD
1H
There is an ascending channel emerging, the price is about to break out soon.
An ascending channel depicts a bearish chart indicator that can be used to indicate that prices move counter to the prevailing price trend in case if price breaks down.
It is not ruled out that a bearish run towards 1.31 will take place on a breach of 1.314 as bears look for entries.
RECTÁNGULO
Ripple
XRP/USD
1H
It seems like a rectangle has been revealed.
A rectangle results in a bullish move when price breaks above resistance.
Xrpusd to move upward towards the 1.33 mark.
RECTÁNGULO BAJISTA
Ripple
XRP/USD
4H
There is a bearish rectangle materializing, the price requires a next bigger move to confirm a breakout.
A bearish rectangle identifies a useful bearish price action pattern that can be used to identify a bearish price action when price breaks down.
There is a chance of extra downside to 1.3 on a breakout of the bearish rectangle.
CANAL ASCENDENTE
Ripple
XRP/USD
1H
We can see that an ascending channel develops.
Once price breaks out, the resulting move could identify a move down.
A move towards the 1.33 zone is probable once below 1.335.
CANAL ASCENDENTE
Ripple
XRP/USD
1H
There is an ascending channel identified, the price requires a bigger correction as a sign of a breakout.
If price breaks out to the the downside, the move could indicate a further move down.
Xrpusd to slump to 1.34 on a downside break as door open for the continuation of the downtrend.
CUÑA DESCENDENTE
Ripple
XRP/USD
4H
There is a falling wedge observed.
A falling wedge represents a compelling pattern that is angled down that is used to spot a bullish move if price breaks out.
It is possible that a bullish push up towards 1.36 will happen on a breach of 1.345 as the cryptocurrency challenges 1.345 hurdle.
CANAL DESCENDENTE
Ripple
XRP/USD
1H
A descending channel appears.
A descending channel results in a bearish-to-bullish trend reversal once price breaks through the resistance.
A further bullish push up to 1.34 is about to happen.
CANAL ASCENDENTE
Ripple
XRP/USD
1H
It looks like an ascending channel is detected and xrpusd calls for a next active bearish impulse for clear breakout confirmation.
An ascending channel provides a technical bearish formation that can be used to signal a next move down once price collapses through the support line.
There is a probability of a bearish run to the 1.32 level as there is room for a downside correction.
CANAL DESCENDENTE
Ripple
XRP/USD
1H
There is a descending channel forming, the price is ready to break out now.
Once price breaks through the resistance, the move could identify that the price will rally further.
Xrpusd dives out bearish trendline to 1.36 as the cryptocurrency becomes bid.
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