What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that reflects a continuing downtrend or consolidation phase in an uptrend. Recognizable by a series of lower ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...

USDJPY should target the upper boundary of resistance at ~113.389. A break below 110.708 implies bearish advance in the USDJPY. Lack of further bullish momentum at 113.389 could result in a sell off ...

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’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP (XRP) has been consolidating inside a descending ...

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 ...