Will the Descending Triangle hold or fail? Plot your targets on the chart.
Bearish continuation pattern.
Consolidation. Can break either way.
Gradual reversal from bearish to bullish.
Sideways movement between parallel supports.
Traders are watching XRP (XRP) as price action tightens. Price has moved to $1.09 (-1.57%) amidst recent volatility. Algorithmically, a Rounding Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $1.18, targeting $1.35 with support near $1.1 (R:R 2.0).
What is your outlook on XRP?