A descending channel is a chart pattern that indicates a downward trend in prices. It is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines.

XRP experienced a strong price surge on July 10-11, climbing 6% from $2.42 to $2.57. The move represents a breakout from a ...

This structure culminated in a descending channel broken out on April 12 at $0.80 after wave Z bottomed, ... GRT Pulls Back 10% but Chart Pattern Suggests The Graph Could Break Out Soon.

XRP move gains momentum as the token coils within key levels. Experts say the next breakout could be explosive if resistance ...

A return to the descending channel could lead the pair to navigate the region around channel’s lower boundary at 1.0670. EUR/USD inches lower for the second successive day, trading around 1.0780 ...

Bitcoin price could be on the verge of a multi-year breakout in the coming days as numerous factors align. What next for the ...