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CoinGape
2022-10-19 15:52:31

Volume Action Hints Ethereum Price May Fall Below $1200 Mark

Volume Action Hints Ethereum Price May Fall Below $1200 Mark

The Ethereum price action is gradually narrowing with two converging trendlines. However, this consolidation phase is part of a bearish pattern called an inverted pennant. In theory, this consolidation offers a short break period to replenish the bearish momentum. Will the Ethereum price break the $1200 support? Key points: Higher volume during bearish days suggests The post Volume Action Hints Ethereum Price May Fall Below $1200 Mark appeared first on CoinGape.

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