Key takeaways: XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this ...

The wedge formation recently traced on the daily chart of the Russell 2000 Small Cap index is a classic of the genre – I mean, it’s right out of the textbook of chart patterns.

BCH price rebounded from $265 after forming a bullish falling wedge, indicating the end of a downtrend. The breakout led to an ascending channel, supported by indicators like the MACD and AO.