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The inverted cup and handle pattern suggests a steep decline. Trading at $2.18 on June 5, 2025, XRP has already dipped 2% in 24 hours. If it breaches the $2.13 support, a fall to $1.71 looms.
If not, MATIC would risk validating the inverted cup and handle pattern above which, according to veteran analyst Tom Bulkowski, has a 62% success rate. Strong on-chain data ...
Furthermore, the recent 50% price rebound from June 18’s local bottom of $11.82 forms an inverted handle, as shown below. AXS/USD three-day price chart featuring inverted cup and handle pattern.
The inverted cup and handle pattern is a bearish signal that often precedes a significant price drop. If the pattern plays out as expected, XRP could see a steep decline in the coming weeks.
The Shiba Inu Chart: From a technical perspective, Shiba Inu could be settling into an inverted cup-and-handle pattern, with the inverted cup developed between Nov. 22 and Dec. 12 and the upward ...
For those interesting in technical analysis, take a look at the 10-year weekly chart and you will see that if the chart does meet resistance around $10.50, it could be making a huge inverted head ...
From cup-and-handle patterns to inverted head-and-shoulders formations, several mid-cap stocks are flashing bullish breakouts with high technical indicators and volume support. SEBI-registered analyst ...