XRP hovers around $2.20 after a 6% decline and is close to the descending resistance. The daily Relative Strength Index ... XRP Price Stabilizes Over $2, Descending Triangle Pattern Emerges.

The ETH/USD recent surge up has been strong. Price moved from $400-$500 to the $2,000 resistance level in just 3 months. Now bearish pressure seems to be actively pushing price action lower again.

If the 1.63 price level is the lowest for the day, a drop below it will trigger a breakdown of the triangle pattern. Clearer bearish confirmation is indicated on a decline below the 1.59 swing low ...