Category: falling wedge

Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total percent of Ethereum addresses in profits predicted the said downside outlook. In detail, […]

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Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’

Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’

Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and at the beginning of this week. Bitcoin drops by 16.92% over the weekend and Monday. Source: Tradingview […]

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