© Reuters.
Ethereum’s native token, Ether (ETH), will lengthen its 30% stoop this yr to the bottom worth stage since July 2021, if a textbook technical indicator performs out.
ETH’s worth fell to its six-month low of $2,159 on Jan. 24, 2022, solely to rebound sharply to as excessive as $2,724 days later. Nevertheless, this created a so-called “bear flag” chart sample that means the worth might drop to $2,000 or a 17% drop from present ranges.
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