NewsBTC •
April 20, 2026 at 17:40 •
Analysis
A crypto analyst has pointed out how a Symmetrical Triangle forming on the 12-hour XRP price could hint at a notable move ahead for the asset. XRP Is Potentially Moving Inside A Symmetrical Triangle In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern that XRP has recently been consolidating inside. The pattern in question is a “Symmetrical Triangle,” which involves a consolidation channel that, as its name suggests, is shaped like a triangle. It involves two converging trendlines, with the upper one acting as a source of resistance and the lower one that of support. Related Reading: Bitcoin Coinbase Premium Turns Red: Bearish Signal? The main feature of a Symmetrical Triangle that sets it apart from other triangular channels is that ...
