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A rising wedge comprises two converging trendlines that connect higher lows and higher highs. This convergence suggests that upward momentum is weakening. When the price moves below the lower ...
XRP tells a different story from Ethereum. On its 4-hour chart, it’s forming a rising wedge, a bearish reversal pattern characterized by converging, upward-sloping trendlines. This pattern often ...
XRP (XRP/USD) appears vulnerable to a sharp pullback after forming a textbook rising wedge pattern on the 4-hour chart. This bearish reversal setup is characterized by converging trendlines during ...
On the 5-minute chart featured below, we see that the U.S. Dollar has hit support on multiple occasions against the Japanese Yen. The pair has been confined to a rising wedge that may see USDJPY ...
Payments-focused XRP's immediate prospects look bleak, with its price chart flashing a "rising wedge" breakdown. A rising wedge comprises two converging trendlines that connect higher lows and ...