Descending channel pattern and weak futures data continue to constrain Ethereum price
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price.
Search by tag: #descending
Aave v3 launch triggers 50% rally from long-term descending channel pattern
AAVE price broke from its long-term downtrend after the launch of Aave v3 added support for six different blockchain networks in the DeFi space.
Bitcoin price dips below $37K as a descending channel pattern comes back into play
Bitcoin’s repeat visit to the sub-$37,000 range is re-enforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside.
Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop
Dogecoin has had a dramatic year. Starting only one year ago, DOGEUSD passed the one cent mark and embarked on a meme-fueled moon mission toward $1.
It never quite got there, and has been in a downtrend ever since. The downtrend has also since taken...
Bitcoin price descending channel and loss of momentum could turn $60K to resistance
After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.