Following the September second and third-week sell-off, the Ethereum price plummeted to $1230 support. Moreover, this downfall hitting a low level such as 0.786 Fibonacci retracement level weakens the possibility of price recovery. Furthermore, the coin chart showed the formation of an inverted pennant pattern increased the probability of a prolonged correction. Key points: The The post Will This Bearish Pattern Pull Ethereum Coin Price Below $1200? appeared first on CoinGape.
