Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.
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ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.
Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed.
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered "at least $2.35 billion in illicit funds."
A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead.
Ether risks turning overbought on shorter timeframes, amounting to sell-offs also as it retests a critical resistance level.
BTC price action remains at the mercy of equities performance at the Wall Street open.
More pain for both crypto and stocks on May 6 as traders see no hint of a relief rally coming so far.
A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of…
USD reaches 23-month highs while the Russian ruble joins in on the surprise gains.
A late surge on March 18 sees a welcome challenge of higher levels for both BTC and ETH.