Bitcoin price shows a tight consolidation on a lower time frame – an ascending parallel channel – that repeats the motif of three larger channels that have developed on higher time frames since the start of 2022.
XRP price shows an interesting setup that forecasts a shift in trend favoring the bulls. The recent development in Ripple shows that an explosive move awaits, especially if certain conditions are met.
Binance Coin price has been on a retracement move since a local top in early August. During its descent, BNB seems to have formed a bearish head-and-shoulders reversal pattern. While confirmation is yet to arrive, speculators can realize good gains if they get in early, but the risks are also high.
