RIFUSD can be seen to be within a rising wedge
I believe this will break out to the upside, forming a kind of W formation on the side (if you can turn your head a bit)
Rising Wedges are normally considered a Bearish Pattern, however, I have been seeing them breaking out to the upside lately, this is a possible example.
RSK Infrastructure Framework token (RIF) is on the move with clean breakout from last ressistance zone at 0.35$.
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.
Breakout from ascending triangle is usualy very powerful, it has more upside potential.
With many digital assets recently turning technically bearish and remaining under downside pressure, RIF Token, which focuses on bringing smart contracts to the Bitcoin blockchain, shows strong near-term upside potential over the medium-term and is also holding firm above its key short-term moving averages.
The cryptocurrency recently broke above its long-term...