The price of XLM is approaching the end of a symmetrical triangle formation that was established in reaction to the daily Relative Strength Index’s notable oversold state (RSI). As a continuation pattern, the odds are stacked against a bearish resolution and a possible new low for Stellar.
Since the June 22 low, Chainlink price has been discreetly scheming a bear flag pattern, enticing investors to buy LINK. Nonetheless, a break below the flag’s lower trend line will set off the pattern, bringing the May-June correction back into play.
The price of Ethereum Classic is forming a symmetrical triangle continuation pattern, indicating that the rally that began on June 22 will be extended to the upside. As ETC approaches the peak of the triangle, the pattern appears to be nearing its conclusion, prompting investors to prepare their portfolio decisions./n
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