Ethereum Price Analysis: Falling Channel Prepares 20% Rise In ETH

Ethereum Price Analysis: Falling Channel Prepares 20% Rise In ETH


CoinGape
2022-06-05 16:13:22

The Ethereum(ETH) price continues to slide lower within a falling parallel channel. A slow yet steady downfall has brought the coin price to its current level of $1803 and aims to revisit the $1700 mark. However, the technical indicator suggests a rise in bullish momentum and hints breakout from the channel pattern. Key points: The The post Ethereum Price Analysis: Falling Channel Prepares 20% Rise In ETH appeared first on CoinGape.