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Ethereum Price Prediction: What's Next, $1500 Or $1700?

source-logo  coingape.com 24 September 2023 12:50, UTC

On September 19th, the rising ETH price faced a roadblock at the $1660 level and formed a bearish reversal pattern known as the “Evening Star.” This particular setback marked the third time Ether reverted from a downsloping resistance trendline that dictated its price trajectory for over two months. Given this consistent pattern, the ongoing downtrend looks set to persist, with potential further drop on the horizon.

coingape.com