Ethereum price after a decline to almost $130 level managed to stay above the support line.
It experienced the strond reversal (bullish) movement and further price consolidation.
As it can be seen at the 15m chart, the price is currently in the potential bullish flag formation. If succeed, the price may experience an increase after the flagpole ends.
Alternatively, with the current bearish sentiment, the price may decline to $130 level again.
It experienced the strond reversal (bullish) movement and further price consolidation.
As it can be seen at the 15m chart, the price is currently in the potential bullish flag formation. If succeed, the price may experience an increase after the flagpole ends.
Alternatively, with the current bearish sentiment, the price may decline to $130 level again.