A bearish reversal from shared resistance of descending trendline and 100-day EMA triggers the next bear cycle within a descending triangle pattern. The falling price has devalued the Curve Dao(CRV) p...
Tag: Triangle
Tron Is Trading Within Its Triangle Pattern; What Awaits The Coin Next?
Tron’s native coin TRX has been moving on bullish price action since the beginning of the month. Tron had announced in the past weeks, that, it is soon to be going live with its algorithmic stable coi...
Here’s why Tron [TRX] rallied before encountering resistance in its triangle pattern
Tron’s native cryptocurrency TRX is off to a strong bullish start this month having already delivered an impressive 45% rally in the first five days. It is currently one of the best performers in the ...
Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout
Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown a...
Bitcoin price analysis: BTC forms descending triangle, ready to move back to $37,500?
Bitcoin price analysis is bearish today as we have seen another lower high set at $39,000 over the last 24 hours after a substantial retracement. Additionally, the descending resistance line has been ...
Triangle Pattern Triggers 24% Fall in SAND Price
The Sandbox(SAND) price gradually narrowed within the descending trendline and $2.5 crucial support. As the coin price reached the apex, the sellers took a significant lead and breached the support ne...
Within Triangle SHIB Price Reject Sellers Opinion
SHIB price trades under a bearish pretense under the influence of a resistance trendline and cracks under the 200-day EMA. However, the downtrend remains low in range and shows lower price rejection c...
Triangle Breakout Hints 52% Directional Move in SHIB
The Shiba In(SHIB) price pivoted from the resistance trendline of the triangle pattern on April 14th. The resulting downfall has slumped the altcoin by 12.2% and pulled it below the 200-day EMA. The i...
Ethereum price ‘bullish triangle’ puts 4-year highs vs. Bitcoin within reach
Ethereum’s native token Ether (ETH) has dropped about 17% against the U.S. dollar in the last two weeks. But its performance against Bitcoin (BTC) has been less painful with the ETH/BTC pair dow...
SHIB Price Hints Symmetrical Triangle Breakout
The Shiba Inu(SHIB) price experienced a significant inflow at $0.000022 support as Ethereum whales aggressively accumulated on this dip. The sudden price jump reverted the ongoing correction from the ...
AVAX enters consolidation zone in triangle pattern: Is it ripe for a bullish breakout
AVAX kicked off April on a correction phase which saw it dip from its recent local high of $104 to its current price at $83. Its price action for the last 10 days was underscored by a descending resis...
Triangle Pattern Could Push AVAX To $1.23 Mark
The current bear cycle from the $100 resistance tumbled the Avalanche(AVAX) price by 16%. The altcoin hit the combined support of 50-and-200 DMA, preventing further losses for the coin holder. However...
Triangle Breakout May Trigger Bullish Rally
The Litecoin(LTC) price escaped the downtrend-carrying wedge pattern with a massive breakout on March 24th. However, the retest phase is taking longer than expected, questioning the reliability of the...
ApeCoin Price Prediction: Triangle Fallout Threatens Second Dip; Opportunity To Buy?
Apecoin(APE) price showcase an ascending triangle in the 4-hour chart since its listing on Coinbase. The prices crawl higher as the pattern comes closer to the breakout point. However, the rising sell...
Terra (LUNA) has formed a symmetrical triangle: here’s where to buy it before it breaks out
Terra (LUNA) has formed a symmetrical triangle pattern after a long bullish trend that started on February 20, 2022. Following the symmetrical triangle formation, analysts are expecting the coin to ma...
Bitcoin Could Reach $53K on Triangle Break, Impending Bull Cross, Analysts Say
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin’s (BTC) escape from a prolonged co...
Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC
A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bitcoi...
Ripple Price Prediction: XRP Targets $1.0 On Symmetrical Triangle Bullish Breakout
XRP price is stable near $0.85 after surging nearly 40% from the lows of $0.62. On Tuesday, the price consolidates without any major movement going forward, after testing the swing highs of $0.86 Bul...
Avalanche Price Prediction: Triangle Pattern Breakout Sees AVAX Price Beyond $100 Mark
A Bullish breakout from the symmetrical triangle pattern suggests the end of the consolidation period in the AVAX/USDT pair. The potential rally should first hit the $100 resistance, whose breakout wi...
Ethereum Price Analysis: Bullish Breakout From Triangle Pattern Sets Sails Beyond $3000
After a two-month consolidation, the (Ethereum)ETH traders escaped the symmetrical triangle pattern with a bullish breakout. Outperforming the largest cryptocurrency, Bitcoin, the ETH/USDT pair has ra...
Ripple price triangle pattern points to an XRP breakout
The Ripple (XRP/USD) price has been in a tight range recently as investors watch the proceedings about the SEC case. It is trading at $0.7617, where it has been in the past few days. This price is abo...
XRP Price Prediction: Can Symmetrical Triangle Breakout Push XRP Price To $1 Mark?
On March 11th, the Ripple(XRP) price finally escaped from the sluggish down rally governed by the descending trendline. The sudden price jump was backed by the recent news of the XRP vs SEC lawsuit in...
Ethereum Price Prediction: ETH Traders Await Triangle Pattern Breakout; Hold Or Sell?
The second-largest cryptocurrency has been trapped in a symmetrical triangle pattern for around two months now. The Ethereum (ETH) price steadily approaches the support trendline of this pattern. Can ...
MANA Price Prediction: Symmetrical Triangle Pattern Breakdown Threatens 15% Fall; Should You Sell Now?
A bearish breakdown from the ascending trendline indicates the continuation pattern has resulted in favor of MANA sellers. In addition, the retest phase validated the prior support trendline has flipp...
SHIB Price Prediction: Descending Triangle Fallout Teases 10% Fall In SHIB Price
On Friday, the Shiba Inu(SHIB) sellers breached the $0.000023 weekly support and the support trendline of the symmetrical triangle pattern. the follow-up retest phase should validate if sellers are re...
XRP Price Prediction: Moves Inside Symmetrical Triangle, A Breakout Toward $0.70 Is Coming?
XRP price extends the sideways movement with significant losses on Thursday. XRP continues to trade below $0.80 since March begins. The price could not sustain the recent ascent of 20% and crawl insid...
XRP Price Prediction: XRP Trapped In Symmetrical Triangle; Upside Breakout May Trigger 25% Gains
On Monday, the Ripple (XRP) price action displayed highly volatile, resting both the resistance and support trendline before settling with a Doji candle. However, the altcoin approaching the pattern’s...
XRP Price Prediction: Tug-Of-War In Symmetrical Triangle Hints To A New Rally In XRP
The Ripple (XRP) price resonating in a symmetrical triangle implies a range-bound rally in its technical chart. This minor range between the $0.78 and $0.65 suggests a no-trading zone for new traders....
Ethereum risks crashing under $2K as ETH paints bearish ‘symmetrical triangle’ — analyst
Ethereum’s native token Ether (ETH) will likely fall below $2,000, according to one popular market analyst. Ether paints a classic bearish continuation setup Pseudonymous market analyst Wolf sha...
Ethereum Price Analysis: Do Or Die Moment For ETH Bulls As Price Nears Apex Of Symmetrical Triangle Pattern
Over the past two months, the ETH/USD technical chart shows a short-term range bound rally. The recent reversal from the descending trendline has tumbled the altcoin by 13.5%, bringing it to local sup...
Ripple (XRP) Price Prediction: XRP Consolidates Inside Symmetrical Triangle With Positive Bias
Ripple’s (XRP) price finds some foothold near $0.70 as the fresh trading week begins. But XRP moves in a very tight range of $0.70 and $0.73 with no significant movement. The current price action sugg...