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Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
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Ethereum's native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000.
ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. In doing so, it slipped through upward sloping support that constituted an Ascending Channel that — more or less — appears like a Bear Flag, a bearish continuation setup.
Conservative traders typically spot Bear Flags when an instrument consolidates higher inside a parallel channel after a
Read more on cointelegraph.comAbout this in other media
XRP, MANA, The Sandbox Price Analysis: 19 December ambcrypto.com /2 years ago
Here's why Ethereum traders could care less about ETH's current weakness cointelegraph.com /2 years ago
Polkadot, MATIC, The Sandbox Price Analysis: 18 December ambcrypto.com /2 years ago
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