Open:
High:
Low:
Close:
DESCENDING TRIANGLE
Ripple
XRP/USD
4H
As we can see a descending triangle has been observed and the price lacks a more strong move as a clue of a breakout.
A descending triangle is believed to be a technical pattern that identifies an extension in the upward direction when price breaks out.
Xrpusd to move up towards 1.5 on a breakout of the descending triangle as xrpusd resumes the upside.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
It seems like a descending channel appears and xrpusd needs a bit more consolidation as a signal of a breakout.
Once price breaks above resistance, the resulting move could predict a bearish-to-bullish trend reversal.
Xrpusd now looks to the 1.48 zone on a breach of 1.46.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
An ascending channel is close to being completed, the price demands a steady move to confirm a breakdown.
An ascending channel often predicts a bearish price action if price breaks through the support.
Corrective downside to 1.42 is likely to happen.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel detected and the price needs rise as a clue of a breakout.
A descending channel describes a bullish signal that can be used to predict a countertrend succeeding the current trend in case if price breaks above resistance.
It is likely that a rangebound to 1.46 will form.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle is detected, the price is about to break out.
A descending triangle identifies a reliable bearish chart formation that often predicts a further move down once price breaks down.
Xrpusd targets a move towards 1.44.
ASCENDING CHANNEL
Ripple
XRP/USD
4H
An ascending channel is close to completion.
An ascending channel can be thought of as a reliable bearish price action formation that identifies a break during an uptrending market once price breaks out.
Xrpusd dives out bullish trendline towards the 1.44 mark.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel revealed, the price is going to break out.
An ascending channel indicates a pause in an uptrending market when price breaks out.
Xrpusd set to fall towards 1.45 on impulse below 1.46 as xrpusd becomes weaker.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
There is a descending channel arising, the price calls for a next bigger move to confirm descending channel breakout.
A descending channel is said to depict a specific price formation that is used to spot a temporary interruption of an existing trend if price breaks above resistance.
Xrpusd to turn bullish towards the 1.46 mark.
จั่วขาลง
Ripple
XRP/USD
1H
There is a falling wedge forming.
A falling wedge tends to be a useful pattern that has a downward slope that is used to predict the bears have run out of steam if price breaks out to the the upside.
It is not ruled out that a bullish push up towards the 1.425 level will be made.
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