Ethereum price risks dropping to $2K on ‘bear flag’ setup -Breaking
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© Reuters. Ethereum’s native token, Ether (ETHIf the technical indicators are correct, then ) will see a 30% increase in its price slump until July 2021.
ETH’s price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days later. However, this created a so-called “Flag bearer” chart pattern that suggests the price could drop to $2,000 or a 17% drop from current levels.
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