Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first By Cointelegraph

The cryptocurrency market was hit with one other spherical of promoting on Might 26 as (BTC) worth dropped to $28,000 and Ether (ETH) briefly fell beneath $1,800. The pair additionally dropped beneath what merchants deem to be an vital ascending trendline, a transfer that merchants say may end in Ether worth correcting to new lows.

Right here’s a rundown of what a number of analysts out there are saying concerning the transfer decrease for Ethereum and what it may imply for its worth within the close to time period.