Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup.
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Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup.
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin's 21% price decline Saturday.
Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside.
The bullish outlook appears as the ETH price decline stalls near its old Cup and Handle resistance level, now acting as support and thus raising the potential of a strong…
The potential price decline would also mark Ethereum's return to its Ascending Channel support.
A confluence of at least three different bearish indicators appears on Ethereum's multi-timeframe charts, suggesting that its ongoing bull run risks exhaustion.
The eerie deja vu scenario can see Ethereum hit $13,000 within six months if history repeats.
Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months.
To date, 92,595 ETH have been burned following Ethereum's London hard fork upgrade.