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XRP rebounds 2% after August slide, but bearish divergence and descending triangle suggest risks remain with potential further decline toward $2.17.
The bulls are struggling to keep XRP above the triangle’s support line at $2.70. If they succeed, the price could rise to ...
Raoul Pal identifies XRP entering "full port" phase after years of compression, suggesting an imminent breakout from current ...
If HBAR closes a daily candle below $0.223, technicals alluded to a 20% drop towards the $0.18-zone. Despite the price dip ...
The XRP price, currently at $2.94, is struggling to maintain momentum above $3 amid a mix of institutional selling and ...
SHIB gains 87% since November 4, reaching $0.000030. A descending triangle signals a potential breakout direction. Upside targets are $0.000030+; downside risks extend to $0.000020. Shiba Inu ...
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Avalanche (AVAX) Price Risks 20% Drop If it Loses $35 Support
If the price breaks down from its descending triangle pattern, a 20% drop to the long-term ascending support trend line at $28 will be likely. The price could bounce once it gets there.
AMC Bears Had The Upper Hand… The descending triangle pattern is usually considered a bearish continuation pattern with the price breakdown from its horizontal support level.
Master the triangle chart pattern, learn how to identify, analyze, and trade this essential pattern for successful trading.
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