What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that indicates a continuation of a downtrend or a consolidation phase within an uptrend. Recognizable by a ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...
In prior posts we’ve noted copper is key to divine where the Chinese and global economy are headed. It was down almost 2 percent today and at key short-term support and its 200-day moving average.
Correction Targets $1.90 Support Zone for Potential Reversal. Breakout Above $2.28 Signals Renewed Bullish Momentum. Volume Confirmation Critical for Validating Directional Breakout. XRP has entered a ...
XRP is forming a descending triangle, a pattern that’s historically bearish over half the time. A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level. Despite ...
Bearish signals from declining open interest and negative funding rates suggest a potential deeper correction for XRP price. XRP’s descending triangle pattern targets $1.18. Binance XRP/USDT ...
A recent triangle pattern breakout points to new highs amid fresh retail liquidity, but stacking catalysts for demand could push the Cardano price outlook even further. The altcoin has surged 10% on ...
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