RabBitcoin (RBTC)$AST $POND $FTT

Unlike the other two trending altcoins, RabBitcoin is the only one to show a price drop in the last 24 hours. During this period, RBTC price has fallen by 7.50% due to sell-offs.

On the daily chart, the token is trading in a descending triangle. A descending triangle is a bearish chart pattern formed by two trend lines. The upper trend line is sloping downwards and is making lower highs. The second, flat horizontal lower trend line, serves as a support level that the price has tested several times.

Since RBTC price has failed to rise above the upper trend line, this suggests that the price may decline to $0.0000029.

On the other hand, RabBitcoin price may rise if bulls push the altcoin above the upper trendline. Then RBTC could reach $0.0000014