ETH Price Analysis: Death Cross Follows Triangle Fallout For Ethereum; Will ETH Drop Below $1600?

ETH Price Analysis: Death Cross Follows Triangle Fallout For Ethereum; Will ETH Drop Below $1600?


Coinpedia
2023-08-21 08:49:59

The post ETH Price Analysis: Death Cross Follows Triangle Fallout For Ethereum; Will ETH Drop Below $1600? appeared first on Coinpedia Fintech News As mentioned in our previous article, the ETH prices break below the symmetrical triangle pattern. The breakdown also nullifies the long-coming support trendline of the 2023 bull run.  With altcoins consolidating over the weekend, ETH prices find support at the demand zone present above the $1600 mark. Falling trading volumes over the weekend reflect a …