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RECTANGLE
Ripple
XRP/USD
4H
There is a rectangle emerging, the price is ready to break out now.
A rectangle can be thought of as a specific price action signal that identifies that the price to go short in case if price collapses through the support line.
Xrpusd challenges a move to 2 on a breakout of the rectangle as the cryptocurrency becomes depressed.
FANION
Ripple
XRP/USD
1D
A pennant is close to completion and xrpusd expects a steady bearish impulse as a verification of a breakout.
A pennant often indicates a bearish move in case if price breakdown occurs.
Xrpusd to head towards 1.8.
TRIANGLE DESCENDANT
Ripple
XRP/USD
1H
It seems like a descending triangle emerges and the price is going to break out.
A descending triangle tends to be a technical bullish price action indicator that is used to indicate a sharp rise once price breaks out to the the upside.
A bullish run towards the 2.08 mark is a possibility as xrpusd becomes bullish.
TRIANGLE ASCENDANT
Ripple
XRP/USD
1H
As we can see an ascending triangle is uncovered, the price is breaking out.
An ascending triangle describes a technical bearish chart pattern that often predicts the more likely potential of falling prices in case if price breaks out.
It is likely that a bearish continuation to the 2.06 mark will form.
BISEAU ASCENDANT
Ripple
XRP/USD
4H
We can see that the price creates a rising wedge.
A rising wedge represents a chart pattern with an upward bias that often results in an extension in the downward direction if price breaks out to the the downside.
It is likely that a bearish continuation to 2.05 will form on a breakout of the rising wedge.
CANAL ASCENDANT
Ripple
XRP/USD
1H
There is an ascending channel spotted, the price asks for a more move as evidence of a breakout.
When price breaks out to the the downside, the resulting move could indicate a tendency to break in the opposite direction.
It is possible that a further bearish push down to 2.06 will happen as xrpusd becomes under pressure.
CANAL ASCENDANT
Ripple
XRP/USD
1H
There is an ascending channel poping up.
An ascending channel depicts a reliable bearish chart signal that indicates a bullish-to-bearish trend reversal when price breakdown occurs.
A further move to 2.08 about to be made.
CANAL DESCENDANT
Ripple
XRP/USD
1H
There is a descending channel recognized and xrpusd asks for a next bigger bullish continuation as a clue of a breakout.
A descending channel is a technical signal that typically results in a bullish move when price breaks through the resistance.
It is possible that a bullish move to the 2.09 mark will occur while above 2.084 as the cryptocurrency becomes supported.
TRIANGLE DESCENDANT
Ripple
XRP/USD
1H
There is a descending triangle happening and xrpusd requests a further strong move as proof of a breakout.
A descending triangle indicates a next move up in case if price breaks out to the the upside.
There is a probability of a bullish move to 2.08 once above 2.075.
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