Has the bearish trend started so far?

XRP has used the chance while Bitcoin (BTC) keeps trading sideways as most of other coins. The price of the coin has gone up by only 0.19% while the decrease over the last week has made up 1.87%.

XRP is traded within the Triangle pattern on the daily time frame. There is a false breakout as the coin could not fix above the crucial $0.20 mark. What is more, the buying trading volume remains at the same level, showing the unwillingness of buyers to retest the level. In this regard, the nearest zone where bulls may show their strength is $0.1795.