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.
