Open:
High:
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Close:
RECTANGLE
Ripple
XRP/USD
1H
A rectangle turns up, xrpusd demands a further bullish impulse to confirm rectangle breakout.
A rectangle suggests a chart indicator that is used to identify the more likely potential of rising prices when price breaks out to the the upside.
There is a probability of a rangebound to 1.42 as bulls seeking a new high.
CANAL DESCENDANT
Ripple
XRP/USD
1H
It looks like a descending channel appears.
A descending channel is considered to be a useful bullish chart signal that is used to predict that the price to go long if price breaks through the resistance.
A bullish continuation to 1.39 is likely as uptrend may continue.
DRAPEAU HAUSSIER
Ripple
XRP/USD
4H
A bullish flag comes out.
A bullish flag often identifies a bullish price move when price breaks out to the the upside.
Xrpusd targets a move towards the 1.4 zone once beyond 1.385 as door open for a test of 1.4.
CANAL DESCENDANT
Ripple
XRP/USD
1H
There is a descending channel identified, the price requests a further move to confirm descending channel breakout.
A descending channel often identifies a break during a downtrending market in case if price breaks through the resistance.
It is likely that a bullish push up to the 1.38 level will take place while above 1.368.
CANAL ASCENDANT
Ripple
XRP/USD
1H
There is an ascending channel observed, the price demands a more strong move as proof of a breakout.
An ascending channel is believed to be a useful pattern with an upward bias that is used to spot a bearish price action once price breaks out to the the downside.
It is likely that a bearish push down to the 1.34 mark will be made on a breakout of the ascending channel.
BISEAU ASCENDANT
Ripple
XRP/USD
1H
There is a rising wedge taking place.
A rising wedge is a bearish indicator that often identifies a change in price direction in case if price breaks below support.
Xrpusd accelerates losses towards 1.38 on a breach of 1.39.
CANAL DESCENDANT
Ripple
XRP/USD
1H
It seems like xrpusd creates a descending channel and xrpusd calls for a more steady bullish continuation for clear breakout confirmation.
A descending channel is a specific bullish signal that predicts the bears have run out of steam once price breaks through the resistance.
Xrpusd looks north towards 1.4 as the cryptocurrency loses bearish momentum.
CANAL DESCENDANT
Ripple
XRP/USD
1H
A descending channel has been observed, the price asks for a next steady move as an indication of a breakout.
When price breaks out, the resulting move could indicate a further move up.
A further bullish move to the 1.38 mark stays on the cards on a breakout of the descending channel.
RECTANGLE
Ripple
XRP/USD
1H
It seems like a rectangle is found.
In case if price breakdown occurs, the resulting move could predict the bulls have run out of steam.
It is likely that extra downside to 1.38 will form.
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