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TRIÁNGULO DESCENDENTE
Ripple
XRP/USD
4H
We can see that a descending triangle pops up and the price needs a further bullish action for the certainty of breakout.
A descending triangle typically identifies a further move up once price breaks out.
A bullish price action towards 1.2 is on the cards.
CANAL DESCENDENTE
Ripple
XRP/USD
1H
There is a descending channel occuring.
Once price breaks out to the the upside, the resulting move could spot the bears have run out of steam.
There is a probability of a bullish run towards the 1.14 mark on a breakout of the descending channel as xrpusd becomes supported.
CUÑA DESCENDENTE
Ripple
XRP/USD
1H
It seems like a falling wedge develops and xrpusd expects a strong move as proof of a breakout.
If price breaks out, the move could identify that the price to go up.
It is not ruled out that a further move towards 1.16 will form as the cryptocurrency becomes bid.
BANDERA BAJISTA
Ripple
XRP/USD
4H
We can see that a bearish flag appears, the price expects next pullback to confirm bearish flag breakout.
A bearish flag typically results in that the price to go short when price breakdown occurs.
It is likely that a bearish run towards 1.15 will occur on a breach of 1.17.
CUÑA DESCENDENTE
Ripple
XRP/USD
1H
We can see that a falling wedge is observed and xrpusd wants a further bigger move as evidence of a breakout.
A falling wedge often spots a next move up when price breaks through the resistance.
Xrpusd to strengthen to the 1.21 level on a breakout of the falling wedge.
TRIÁNGULO DESCENDENTE
Ripple
XRP/USD
1H
A descending triangle is close to being done and the price is close to breaking out soon.
A descending triangle spots a bearish price action once price breaks below support.
Xrpusd to drop towards the 1.2 mark.
CANAL DESCENDENTE
Ripple
XRP/USD
1D
There is a descending channel encountered.
A descending channel typically identifies that the price to go long once price breaks above resistance.
Xrpusd is bullish and en route to the 1.3 level on a breach of 1.22.
BANDERA ALCISTA
Ripple
XRP/USD
1H
It seems like a bullish flag is nearing completion, xrpusd expects a more strong bullish continuation to confirm a breakout.
A bullish flag is a bullish signal that typically signals a bullish price move once price breaks through the resistance.
Xrpusd tests a move to 1.15 on impulse above 1.146.
RECTÁNGULO
Ripple
XRP/USD
4H
As we can see a rectangle is close to being completed, xrpusd demands a further active impulse up as an information of a breakout.
If price breaks through the resistance, the move could indicate a bullish price action.
A further bullish price action towards the 1.2 level is a possibility on a break above 1.185.
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