There is a pennant detected and the price requests a next strong bearish move for clear breakout confirmation.
A pennant is a technical price action signal that is used to identify the bulls have run out of steam if price breaks through the support.
XRP/USD to accomodate to the 0.526 zone.
Ripple: Drapeau haussier
XRP/USD,
4 heures
LONG
Oct 18
As we can see a bullish flag has been detected and the price is ready to break out now.
A bullish flag often identifies a bullish price action in case if price breaks out.
Xrpusd to prolong the growth phase to the 2.4 mark on a breakout of the bullish flag.
Ripple: Triangle Descendant
XRP/USD,
1 heure
SHORT
Déc 11
There is a descending triangle recognized, the price is going to break out now.
If price breaks down, the resulting move could predict a bearish price move.
There is a possibility of further decline to 0.64 on a breakout of the descending triangle.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Oct 14
There is a descending channel detected, XRP/USD needs a move as a sign of a breakout.
If price breaks out to the the upside, the move could identify a tendency to break in the opposite direction.
XRP/USD embarks on a bullish correction towards 0.535 as outlook for XRP/USD stays positive.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Aoû 28
As we can see a descending channel turns up and XRP/USD lacks a bit more consolidation as a sign of a breakout.
When price breaks out, the resulting move could predict a potential reversal in price action.
XRP/USD tests a move to 0.525.
Ripple: Canal Ascendant
XRP/USD,
1 heure
SHORT
Sep 25
Xrpusd shapes an ascending channel and xrpusd calls for a more bearish impulse to confirm a breakdown.
An ascending channel typically results in an interruption of an uptrend in case if price breaks through the support.
Xrpusd to head towards the 2.85 mark once below 2.9.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Déc 20
It looks like XRP/USD gives a descending channel, XRP/USD expects an active move as evidence of a breakout.
Once price breaks through the resistance, the move could indicate a tendency to break in the opposite direction.
XRP/USD embarks on a bullish correction to 2.4 on a breach of 2.32 as XRP/USD becomes bullish.
Ripple: Fanion
XRP/USD,
1 heure
SHORT
Jan 12
A pennant is nearing completion, the price is ready to break out.
A pennant suggests a bearish price signal that predicts a next move down in case if price breaks out.
There is a possibility of corrective downside towards 0.59 as minor hurdle remains at 0.594.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Oct 12
We can see that a descending channel emerges and xrpusd requires a further steady move to confirm descending channel breakout.
When price breaks out to the the upside, the resulting move could spot extending an uptrend.
It is not ruled out that a move towards 2.45 will occur as extra rangebound not ruled out.
Ripple: Rectangle
XRP/USD,
1 jour
LONG
Jul 10
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Oct 19
There is a descending channel encountered, the price asks for a bullish action for the certainty of breakout.
If price breaks out to the the upside, the resulting move could identify that the price to go up.
It is possible that a bullish price action to the 0.488 zone will happen while above 0.487.
Ripple: Canal Descendant
XRP/USD,
1 heure
LONG
Sep 18
There is a descending channel forming.
A descending channel tends to be a useful bullish price action indicator that is used to predict price heading to a new direction if price breaks out to the the upside.
XRP/USD now looks towards 0.5 on a breakout of the descending channel.
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