Was this a false bullish breakout? No, not as long as the price ... along with the 23.6% Fibonacci retracement of the latest downtrend. Hence, failure to pivot there could disappoint traders ...

This combination of breaking a downtrend line and forming a “rounded bottom” reversal pattern suggests there’s a good chance a new uptrend may be forming.

The daily chart for XRP highlights a significant breakout from its multi-year downtrend, with the price surging explosively past key resistance levels. This rally was catalyzed by a strong ...