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Close:
BULLISH FLAG
Ripple
XRP/USD
1H
It looks like a bullish flag is revealed.
A bullish flag depicts a technical price action signal that predicts a bearish-to-bullish trend reversal in case if price breaks out.
There is a chance of a bullish continuation towards 2.2.
PENNANT
Ripple
XRP/USD
1H
As we can see a pennant is close to being completed, the price is close to breaking out.
A pennant often results in extending an downtrend once price breaks out.
Xrpusd to plummet to the 2.16 level while lower than 2.18 amid the cryptocurrency recedes from tops.
BULLISH FLAG
Ripple
XRP/USD
1H
There is a bullish flag observed and xrpusd asks for a further move as a clue of a breakout.
Once price breaks through the resistance, the resulting move could signal a next move up.
Xrpusd could attempt a move to the 2.22 mark.
PENNANT
Ripple
XRP/USD
1H
There is a pennant occuring.
A pennant spots the more likely potential of falling prices if price breaks down.
Xrpusd to slump to the 2.15 mark.
รูปแบบจั่วแบบขึ้น
Ripple
XRP/USD
1H
A rising wedge comes out, the price is going to break out now.
When price breaks below support, the move could identify that prices move counter to the prevailing price trend.
Xrpusd to fall to 2.15.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel arising, xrpusd lacks strong push down as evidence of a breakdown.
An ascending channel is a compelling price indicator that signals price heading to a new direction in case if price breaks down.
Xrpusd looks south towards 2.15 on a breakout of the ascending channel as downtrend may continue.
PENNANT
Ripple
XRP/USD
4H
As we can see a pennant is nearing completion, the price is going to break out.
If price breaks out, the resulting move could predict that prices are likely to keep rallying upward.
It is possible that a bullish push up towards 2.15 will occur as xrpusd is at a brink of a bullish breakout.
BEARISH RECTANGLE
Ripple
XRP/USD
1H
There is a bullish rectangle happening.
A bullish rectangle can be thought of as a price formation that typically indicates that the price will rally further if price breaks through the resistance.
A further rangebound towards the 2.12 level is probable as xrpusd challenges 2.095 hurdle.
รูปแบบจั่วแบบขึ้น
Ripple
XRP/USD
1H
We can see that xrpusd shows a rising wedge.
A rising wedge is a technical bearish price action indicator that is used to predict a bearish price action once price breaks through the support.
Xrpusd challenges a move towards the 2.04 zone.
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