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BANDERA ALCISTA
Ripple
XRP/USD
1H
There is a bullish flag observed.
In case if price breaks above resistance, the resulting move could signal a bullish move.
Xrpusd embarks on a bullish correction to 1.32 as the cryptocurrency becomes bullish.
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.
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