ETH Price Analysis: Rectangle Pattern Points to 8% Jump in Coming Week | Headlines | News | CoinMarketCap

08/27/2023 23:48
ETH Price Analysis: Rectangle Pattern Points to 8% Jump in Coming Week | Headlines | News | CoinMarketCap

After the August 17th bloodbath, the Ethereum price went sideways above the $1600 psychological. For the past ten days, the daily chart has showcased …

CoinGape11 minutes ago

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Published on August 27, 2023 16:34 GMT+00:00edited on August 27, 2023 16:34 GMT+00:00

After the August 17th bloodbath, the Ethereum price went sideways above the $1600 psychological. For the past ten days, the daily chart has showcased multiple candles with long wicks and tails reflecting uncertainty among market participants. However, a consolidation following a major drop usually reflects a short breather for sellers as they continue the downward

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