Open:
High:
Low:
Close:
PENNANT
Ripple
XRP/USD
1H
We can see that the price creates a pennant, the price expects a bearish impulse as proof of a breakdown.
Once price breaks out, the move could indicate a bearish move.
A further bearish run to 1.36 is possible on impulse below 1.372 as indicators favor bears.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel turning up.
In case if price breaks out, the resulting move could indicate a sharp rise.
There is a possibility of a bullish price action to 1.4 on a breakout of the descending channel.
จั่วขาลง
Ripple
XRP/USD
4H
A falling wedge is close to being completed and the price is close to breaking out now.
A falling wedge indicates that the price to go up when price breaks above resistance.
Xrpusd looks north towards the 1.45 zone on a upside break as the mood may improve.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel appearing, the price demands a bigger move to confirm a breakout.
A descending channel is believed to be a specific bullish price action formation that has a downward slope that can be used to predict a move up when price breaks out to the the upside.
There is a chance of a bullish push up towards 1.39.
ASCENDING TRIANGLE
Ripple
XRP/USD
1D
We can see that xrpusd gives an ascending triangle, the price demands a more strong move to confirm a breakout.
Once price breakdown occurs, the resulting move could identify a pause in an uptrending market.
Xrpusd to increase bearish potential to 1.35 on a breach of 1.4.
BEARISH RECTANGLE
Ripple
XRP/USD
1H
There is a bearish rectangle poping up, xrpusd demands a more strong correction as a sign of a breakout.
A bearish rectangle provides a bearish chart pattern that is used to signal an extension in the downward direction in case if price breaks out to the the downside.
There is a probability of decline to 1.4 as there is a chance for a downside correction.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel diagnosed and the price is breaking out.
A descending channel is considered to be a chart indicator that typically predicts that the price to go long in case if price breaks out to the the upside.
It is not ruled out that a bullish move to the 1.42 mark will form on a breakout of the descending channel as the cryptocurrency becomes supported.
จั่วขาลง
Ripple
XRP/USD
1H
A falling wedge materializes and the price calls for a more strong move for the certainty of breakout.
A falling wedge denotes a specific formation that spots a further move up if price breaks above resistance.
It is possible that a bullish push up to the 1.44 level will occur as the cryptocurrency sticks to the positive mood.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
An ascending channel is almost done and xrpusd demands a bigger move as a verification of a breakout.
Once price breaks down, the resulting move could identify a next move down.
A bearish move towards the 1.4 mark about to be made.
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