Ethereum Prices May Collapse Due to a Bearish Technical Model-Budrigan Ltd
Budrigantrade.com - With a convincing "bear pennant" structure, Ethereum's native token, Ether (ETH), appears prepared for a breakdown move in May.
Since May 11, the price of ETH has been consolidating within a range defined by two convergent trendlines. The possibility that ETH/USD is painting a bear pennant is highlighted by the fact that its sideways movement coincides with a decrease in trading volumes.
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