Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first -Breaking
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A falling wedge pattern suggests an Ethereum price decline, but traders anticipate more pain.A second round of trading took place on the cryptocurrency market, taking place May 26th.BTCThe price of a corresponding Ether was $28,000, and the price of a similar item dropped to $19,000ETHShortly, ) dropped below $1800. A move traders believe could see Ether price correcting towards new lows is possible if the pair falls below an important ascending trendsline.
Here’s a rundown of what several analysts in the market are saying about the move lower for EthereumIt could have a significant impact on its future price.
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