Ethereum Price Prediction: Analyst Identifies MACD Bearish Pattern Despite $417M BitMine Buy

coingape.com

23 hour ago

Ethereum price shows signs of caution following a new bearish signal on the weekly chart. The analyst behind the observation highlights a possible MACD crossover forming, a setup that often indicates short-term downside risk. Meanwhile, attention remains divided as institutional players continue building long-term positions in ETH, contrasting the near-term bearish outlook.

https://coingape.com/markets/ethereum-price-prediction-analyst-identifies-macd-bearish-pattern-despite-417m-bitmine-buy/?utm_source=CryptoNews&utm_medium=app