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CUÑA DESCENDENTE
Ripple
XRP/USD
4H
We can see that the price develops a falling wedge and the price is ready to break out.
A falling wedge results in a trend change to the upside in case if price breaks above resistance.
It is possible that a rangebound to the 1.08 zone will take place.
TRIÁNGULO DESCENDENTE
Ripple
XRP/USD
1H
We can see that a descending triangle has been exposed.
A descending triangle represents a bullish indicator that can be used to indicate a bullish move if price breaks through the resistance.
There is a chance of a bullish run to the 1.075 zone.
CANAL DESCENDENTE
Ripple
XRP/USD
1H
There is a descending channel poping up, the price breaks out.
A descending channel describes a reliable price action indicator that can be used to spot a bullish price action when price breaks through the resistance.
A bullish run towards 1.08 is likely to happen on a breach of 1.072.
TRIANGULO SIMÉTRICO
Ripple
XRP/USD
4H
It looks like xrpusd sets up a symmetrical triangle and xrpusd wants further pullback as proof of a breakout.
A symmetrical triangle is said to depict a bearish price signal that typically signals a move down in case if price breaks out to the the downside.
Xrpusd set to plunge to 1.08.
CUÑA DESCENDENTE
Ripple
XRP/USD
1H
It looks like a falling wedge forms and the price is ready to break out.
A falling wedge suggests a reliable bullish pattern that can be used to predict a move up if price breaks out.
It is likely that a bullish run to 1.105 will take place on a breakout of the falling wedge.
CANAL ASCENDENTE
Ripple
XRP/USD
1H
An ascending channel is nearing completion.
An ascending channel indicates a change in price direction once price breaks out.
Xrpusd violates bullish trendline to 1.095 as risk reversal sheds bullish bias.
BANDERA BAJISTA
Ripple
XRP/USD
1H
There is a bearish flag spotted, the price breaks out.
When price breaks through the support, the resulting move could indicate a further move down.
A move towards 1.105 looks possible.
RECTÁNGULO
Ripple
XRP/USD
1H
A rectangle takes place, xrpusd expects a further strong bullish move as proof of a breakout.
If price breaks through the resistance, the move could predict a bullish price move.
A further bullish price action towards the 1.12 mark is likely to happen once above 1.117 as there is a chance for a upside correction.
TRIANGULO SIMÉTRICO
Ripple
XRP/USD
1H
There is a symmetrical triangle diagnosed.
A symmetrical triangle typically results in the more likely potential of rising prices in case if price breaks above resistance.
There is a chance of a bullish price action to 1.11.
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