The descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend.

XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout as its price chart forms a symmetrical triangle pattern alongside other bullish technical indicators. XRP ...

With the trendline breakdown, Cardaono marks the triangle pattern fallout formed by a converging trendline extrapolated from ...

XRP’s price action has been forming a descending triangle pattern on its daily chart since its late 2024 rally, characterized by a flat support level and a downward-sloping resistance line. A ...

Regardless, the intersection of the uptrend line and the rising trendline at the top of the triangle (blue arrow), can be used as a guide. Those two lines cross around 2,111. After that, one of ...

PEPE surged over 200% to $0.000025 by November 14. The symmetrical triangle suggests a potential breakout direction soon. Upside targets $0.000028; downside risks $0.000014 crash. PEPE has been on ...

Tesla’s breaks through the bottom of a triangle consolidation pattern to warn of more selling, but it has come close to an important support zone. Photo: AFP via Getty Images.

XRP Eyes Breakout as Symmetrical Triangle Pattern Hints at $6 Target, Analyst Says XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that ...