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Search results for descending triangle

Crypto

XRP bearish signals stack, with $1.06 support and $1.10 reclaim in focus

XRP has fallen below its 20-, 50-, 100- and 200-day exponential moving averages on the daily chart, putting both short- and medium-term trends in bearish territory. It traded around $1.0863 and remains under multiple resistance levels, starting with the 20-day EMA at $1.1004. Analysts also point to a $1.06 support tied to the upper trendline of a descending triangle. A daily close below that level could signal a return to the triangle, with support seen at $0.75 to $0.80.

Crypto

Crypto majors flash technical warnings; key levels for bitcoin, ether and XRP

The cryptocurrency market remains broadly weak, with XRP briefly falling below $1.30 and sliding to around $1.05 as selling pressure persists. Bitcoin is testing support in the $57,000 to $58,000 range after an upward channel broke, while ether has retreated to around $1,600 following a failed rebound. Analysts cited bearish technical signals across key moving averages, though low RSI readings leave room for short-term bounces.

Crypto

XRP could outperform Bitcoin by up to 13 times in next bull market, analysis says

An analysis says XRP could outperform Bitcoin by up to 13 times in the next bull market if XRP/BTC breaks above the top of a long-running descending triangle. XRP has weakened against Bitcoin since mid-2025, falling 32 percent from 0.00002610 to 0.000017680. Analyst Geral Quitschker says a breakout is likely near the pattern’s end. Another analyst, Austin, sees a wedge setup that could lift XRP/BTC to 0.0001.