We can see that XRP/USD forms a descending triangle, the price is close to breaking out soon.
A descending triangle describes a compelling price formation that signals that the price to go short if price breaks down.
Corrective downside to the 2.5 mark looks probable.
Ripple: Rectangle
XRP/USD,
1 heure
LONG
Mar 7
As we can see a rectangle has been revealed, the price expects a next bullish impulse as a sign of a breakout.
A rectangle often spots a bullish move in case if price breaks out.
A further rangebound to the 0.374 zone is on the way as the mood may improve.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Oct 14
A descending channel has been found and the price breaks out.
A descending channel can be thought of as a reliable bullish formation that is used to spot a sharp rise when price breaks out.
XRP/USD advances higher to the 0.535 mark as bulls look for entries.
Ripple: Canal Descendant
XRP/USD,
4 heures
LONG
Jui 19
We can see that a descending channel forms.
In case if price breaks out, the resulting move could indicate a tendency to break in the opposite direction.
It is not ruled out that a bullish continuation to 0.5 will be made on a breakout of the descending channel as the mood may improve.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Aoû 19
There is a descending channel coming out and XRP/USD lacks a next move as evidence of a breakout.
A descending channel denotes a formation that spots a tendency to break in the opposite direction once price breaks through the resistance.
XRP/USD to push up to 0.58 on a breach of 0.575 amid rising bets for the move.
Ripple: Rectangle
XRP/USD,
1 heure
SHORT
Jan 22
A rectangle has been detected.
A rectangle typically predicts the bulls have run out of steam once price breaks down.
XRP/USD risks a move to 0.546 while below 0.547.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Mar 18
A descending channel has been spotted.
In case if price breaks out to the the upside, the resulting move could identify that the price to go up.
A further bullish run towards 0.63 is possible.
Ripple: Drapeau baissier
XRP/USD,
4 heures
SHORT
Mar 26
It seems like XRP/USD gives a bearish flag, the price expects a move as a signal of a breakout.
Once price breaks through the support, the move could signal a potential reversal in price action.
XRP/USD is at risk of extending its slump towards 2.42.
Ripple: Triangle Ascendant
XRP/USD,
1 heure
LONG
Jul 16
An ascending triangle is exposed.
An ascending triangle represents a useful price signal that can be used to identify a bullish price action in case if price breaks through the resistance.
XRP/USD to continue the appreciation trend to 0.54 once above 0.537.
Ripple: Canal Ascendant
XRP/USD,
1 heure
SHORT
Mai 23
We can see that an ascending channel occurs.
In case if price breaks out to the the downside, the move could indicate a temporary interruption during a rising market.
A further move to 2.4 about to be made.
Ripple: Canal Descendant
XRP/USD,
1 jour
LONG
Mar 9
A descending channel is almost done and the price breaks out soon.
A descending channel identifies a useful price action formation that can be used to signal a bullish price move in case if price breaks out.
It is likely that a rangebound to the 0.4 zone will occur as XRP/USD resumes the upside.
Ripple: Rectangle
XRP/USD,
4 heures
SHORT
Mar 27
There is a rectangle poping up.
A rectangle typically spots the bulls have run out of steam if price breaks out to the the downside.
There is a chance of a bearish move to the 2.36 level.
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Ripple · XRP/USD