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DESCENDING TRIANGLE
Ripple
XRP/USD
1H
There is a descending triangle identified and the price demands a further active move as a verification of a breakout.
A descending triangle is said to depict a technical chart pattern that can be used to spot a next move up when price breaks through the resistance.
It is possible that a further rangebound towards 1.37 will happen.
PENNANT
Ripple
XRP/USD
1H
Xrpusd develops a pennant.
A pennant depicts a useful bullish chart signal that is used to signal a bullish price move when price breaks through the resistance.
Xrpusd to turn bullish towards 1.38.
PENNANT
Ripple
XRP/USD
4H
A pennant emerges.
A pennant identifies that the price to go short when price breaks out.
Corrective downside towards the 1.3 mark looks likely on a breakout of the pennant as xrpusd is at a brink of a bearish breakout.
PENNANT
Ripple
XRP/USD
1H
As we can see a pennant emerges and xrpusd calls for a more strong bearish action as a verification of a breakdown.
A pennant suggests a technical price action pattern that indicates prices are likely to keep falling downward in case if price breaks out to the the downside.
It is possible that a move to 1.32 will happen while lower than 1.345.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel appearing and the price lacks next active fall as evidence of a breakout.
When price collapses through the support line, the move could identify a bullish-to-bearish trend reversal.
A bearish continuation towards the 1.34 zone is going to happen on a breakout of the ascending channel as extra rangebound not ruled out.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
The price shapes an ascending channel and the price asks for a bigger correction for clear breakdown confirmation.
An ascending channel typically spots a bearish move in case if price breaks down.
Xrpusd accelerates losses to 1.36 on a break below 1.37.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
A descending channel is almost completed and xrpusd wants a further strong move as an information of a breakout.
A descending channel is a reliable bullish chart indicator that often results in a trend change to the upside if price breaks out.
Xrpusd to increase bullish potential to 1.45 once beyond 1.41.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
The price forms an ascending channel, the price is ready to break out.
An ascending channel suggests a reliable bearish chart formation that is angled up that often identifies a move down once price breakdown occurs.
Xrpusd hints a change to the downside to 1.42.
จั่วขาลง
Ripple
XRP/USD
4H
A falling wedge comes out and the price requires a next bigger move as evidence of a breakout.
A falling wedge denotes a bullish pattern that is used to indicate a break during a downtrending market if price breaks through the resistance.
A bullish move towards 1.44 is probable on a breach of 1.44 as bullish momentum increases.
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