Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next?

ethereum-preparing-a-‘bear-trap’-ahead-of-the-merge-— eth-price-to-$4k-next?

An ascending triangle setup promises major price rebound in the Ethereum price in 2022. Ethereum’s native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token’s next selloff move could turn into a bear trap as the market factors in the possible release of … Read more

Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern

ethereum-in-danger-of-25%-crash-as-eth-price-forms-classic-bearish-technical-pattern

ETH’s price risks declining further despite rebounding over 20% in the last three days. Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH price to $1,500? ETH’s price has been consolidating since May 11 inside a range defined by two converging … Read more

3 reasons why Cardano can sink further despite ADA price bouncing 58%

3-reasons-why-cardano-can-sink-further-despite-ada-price-bouncing-58%

A mix of fundamental and technical indicators suggests more pain for Cardano bulls ahead. Cardano (ADA) pared a big portion of the weekly losses incurred during this week’s crypto market rout.  ADA’s price reached an intraday high of $0.60 on May 13, a day after rebounding from its week-to-date low of $0.38 — a 58% … Read more