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Ethereum's bearish woes may have a deadline on the horizon

From eng.ambcrypto.com

A potential trader looking at Ethereum at the moment will be demoralized with its current price movement. At press time, the token indicated a price growth of 1.23 percent at press time but prior to that, ETH had slumped over 8 percent on 14th August. If a trader was looking at ETH’s chart before the fall on 14th, they would have extremely optimistic about ETH’s valuation. The price of Ethereum had adhered to an ascending channel since the start of 2019 and the price had progressively maintained growth over the last few months. ETH’s price continued to bounce off the channel line, forming higher lows in the chart up ... (full story)

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  • Category: Technical Analysis