Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says
An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new Ascending Parallel Channel from TA, which, as its name implies, involves two parallel trendlines that are…
Ethereum MVRV Forms Signal That Last Led To 40% Price Crash
On-chain data shows the Ethereum Market Value to Realized Value (MVRV) Ratio has just seen a signal that could prove to be bearish for ETH’s price. Ethereum MVRV Momentum Has Witnessed A Bearish Crossover As pointed out by analyst Ali Martinez in a new MVRV Ratio” refers to an on-chain indicator that keeps track of…