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descending triangle

XRP, the cryptocurrency asset often referred to as Ripple, has been among the worst-performing crypto assets and altcoins of the last two years.However, according to one crypto analyst who has spotted what they believe is a classical bottom signature on XRP price charts, expects the asset’s woes to soon change and potentially triple in value…
As Bitcoin price struggles to maintain strength above $10,000 but is unable to push below $9,200, the crypto asset’s price chart has formed what appears to be a descending triangle – a bearish continuation pattern, that does have potential to break to the upside. The formation shows many similarities to a descending triangle that formed during…
Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset’s short history, rocketing from $7,400 to $10,500 from low to high. After weeks of consolidation, the crypto asset has run out of steam and has begun to fall, first breaking below support at $9,000 where it is currently…
This morning, Bitcoin price began to fall from a high timeframe bear flag that was formed following a breakdown of a multi-month triangle chart pattern – a pattern that signaled the end of the 2019 bull rally and possibly a major market trend reversal. With the rally now over, and given that the chart patterns…
Bitcoin price is barely holding onto support at $30,000 and it could soon be lost for some time to come, if a pattern that has cut the cryptocurrency down to size confirms. The pattern itself has proven dangerous for Bitcoin in the past, and appears to be in the process of breaking down now. Here’s…
Este artículo también está disponible en español. Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows…
XRP is currently trading slightly above the $0.50 price level, having experienced a significant price decline that erased most of its gains from the previous month. XRP managed to break through the $0.60 price level in a rally last month, although this surge was short-lived, lasting only a few days. Despite this setback, crypto analyst…
Este artículo también está disponible en español. Bitcoin’s recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period. This intense volatility…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
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