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Will XRP price break out of the symmetrical triangle or slide as the 4H MACD turns bearish at the apex?
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Will XRP price break out of the symmetrical triangle or slide as the 4H MACD turns bearish at the apex?
XRP price is at $1.4311 on April 20, down 0.13% on the 4H session, with a symmetrical triangle on the 4H chart reaching its apex between the descending upper trendline from the February highs and the ascending lower trendline from the March lows.The 4H MACD (12,26,9) has printed a bearish crossover with the histogram at -0.0032, the MACD line at 0.0021 crossing below the signal at 0.0052, adding nearterm downward momentum pressure as the triangle forces an imminent resolution.A confirmed 4H close above the SMA 20 at $1.4373 and the upper triangle trendline opens $1.50 as the primary target; a 4H close below the lower trendline near $1.37 exposes $1.30 as the next structural support.
2026-04-21 Source:crypto.news
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