Tag Archives: Descending Channel Pattern

XRP Forms Channel Support That Puts Market In Difficult Spot, But Bulls Still Have A Chance

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XRP has entered one of its most uncomfortable technical zones in months. The cryptocurrency has now broken below a support base that had held since February, but the selloff has not yet turned into a collapse below $1.  Instead, the daily chart shows the XRP price landing on a much older descending channel support that… Continue reading XRP Forms Channel Support That Puts Market In Difficult Spot, But Bulls Still Have A Chance→

Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom

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Bitcoin’s recovery attempts are still being judged against a larger structure that has controlled price action for months. An interesting technical analysis of the daily candlestick timeframe chart shows that Bitcoin is still following a descending channel, with every major rebound failing near the upper diagonal and every major sell-off finding a reaction near the… Continue reading Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom→

Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money?

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Dogecoin is facing a confusing technical setup as technical analysis warns of a major higher-timeframe move that could first send DOGE into a deeper accumulation zone. The chart appears bearish at first glance, but the inverted price scale changes the reading, turning the projected drop into a longer-term bullish setup that points to $1, $2,… Continue reading Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money?→

Analyst Says Bitcoin Is Going To $170,000: Here’s When To Buy And When To Sell

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Crypto analyst Hanzo has predicted that Bitcoin will rally to a new all-time high (ATH) of $170,000 in the next bull run. He also revealed what level investors should look to buy BTC in this bear market as they target this potential rally to $170,000.  Bitcoin To Rally To $170,000 In Next Bull Run In… Continue reading Analyst Says Bitcoin Is Going To $170,000: Here’s When To Buy And When To Sell→

Analyst Says Ignore The Noise, Dogecoin Is Still In The Game, And This Is Why

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Crypto analyst Cryptollica has provided a bullish outlook for Dogecoin, outlining several reasons why the meme coin is ‘still in the game.’ This comes amid DOGE’s reclaim of the psychological $0.10 level, with the foremost meme coin now targeting new highs.  Analyst Explains Why Dogecoin’s Outlook Is Still Bullish In an X post, Cryptollica urged… Continue reading Analyst Says Ignore The Noise, Dogecoin Is Still In The Game, And This Is Why→

After 95% Crash, Avalanche Forms High-Timeframe Reversal Structure

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After enduring a brutal 95%+ drawdown from its 2021 peak, Avalanche is now showing early signs of a potential high-timeframe reversal. With price stabilizing at macro support and forming an emerging Elliott Wave structure on the weekly chart, the current phase could mark a critical turning point in the broader cycle. Weekly Elliott Wave Structure… Continue reading After 95% Crash, Avalanche Forms High-Timeframe Reversal Structure→

Solana Stalls At The Edge, But This Level Holds The Key As Momentum Dries Up

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Solana is treading a fine line as price presses against a key technical barrier with momentum visibly fading. Repeated rejections suggest buyers are struggling to force a breakout, yet downside follow-through remains limited for now. With volume thinning and structure unchanged, the next reaction around this level could determine whether SOL’s price trajectory. Structure Stalls… Continue reading Solana Stalls At The Edge, But This Level Holds The Key As Momentum Dries Up→

Why The Litecoin Price Could Stage A 33% Rally To $110

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A crypto analyst has forecasted that considerable declines over the past few months, Litecoin appears to be stabilizing, gaining about 7.8% this past week, according to CoinMarketCap. Although LTC has seen its fair share of declines this year, analysts still hold hope that the cryptocurrency could cross the $100 threshold and reclaim former highs.  Litecoin… Continue reading Why The Litecoin Price Could Stage A 33% Rally To $110→

Shiba Inu Descending Channel Breakout Shows Where Price Is Headed Next

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Crypto analyst Jonathan Carter has alluded to a technical pattern for Shiba Inu, which points to a breakout to the upside. Based on this, he predicted that the meme coin could soon break above the psychological $0.00002 level, which could pave the way for higher prices.  Shiba Inu Confirms Descending Channel Breakout In an X… Continue reading Shiba Inu Descending Channel Breakout Shows Where Price Is Headed Next→

A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH

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Crypto analyst Scrambler has drawn attention to a bullish pattern that is forming for the Cardano price, which could lead to a massive breakout for the altcoin. The analyst noted that ADA might be repeating, with market conditions mirroring the ones that led to an all-time high (ATH).  Cardano Prices Eyes 285% Rally To New… Continue reading A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH→