ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.
- Coinsmart. Europe’s Best Bitcoin and Crypto Exchange.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. FREE ACCESS.
- CryptoHawk. Altcoin Radar. Free Trial.
- Source: https://cointelegraph.com/news/falling-wedge-pattern-points-to-eventual-ethereum-price-reversal-but-traders-expect-more-pain-first
More from Cointelegraph
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
Source Node: 1626782
Time Stamp: Aug 16, 2022
Hacktivist collective Anonymous takes aim at Elon Musk. Who cares?
Source Node: 906777
Time Stamp: Jun 6, 2021
FTX considers reboot, Ethereum’s fork goes live and OpenAI news: Hodler’s Digest, April 9-15
Source Node: 1825399
Time Stamp: Apr 15, 2023
El Salvador buys its cheapest 410 Bitcoin as prices reach $36K
Source Node: 1150558
Time Stamp: Jan 22, 2022
Crypto payments gain ground thanks to centralized payment processors
Source Node: 1577910
Time Stamp: Jul 15, 2022
Will Polkadot save decentralized finance from Ethereum’s scaling problems?
Source Node: 1044671
Time Stamp: Aug 26, 2021
US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon
Source Node: 1132063
Time Stamp: Jan 11, 2022
Turning bullish? Institutions are net buyers of crypto for the first time in 5 weeks
Source Node: 963971
Time Stamp: Jul 6, 2021
Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020
Source Node: 1202929
Time Stamp: Mar 7, 2022
Ethereum price risks dropping to $2K on ‘bear flag’ setup
Source Node: 1161759
Time Stamp: Jan 31, 2022