Lisk (LSK/USDT) Technical Analysis: Descending Triangle Formation in Play

A pivotal moment is unfolding in the Lisk (LSK/USDT) market, as the cryptocurrency is currently testing the lower boundary of a descending triangle formation on the weekly chart.

This technical setup has significant implications for mid-term price action, suggesting a potential:

1. Reversal of the downtrend

2. Accumulation phase

3. Build-up of buying pressure

The descending triangle formation is often considered a bullish reversal pattern, indicating a possible trend shift in the coming weeks.

$LSK #Lisk #analysis #MarketRebound #BitwiseBitcoinETF #Crypto2025Trends