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Ethereum Price Prediction: New Bearish Pattern Emerged Plots 8% Drop in ETH Price; Time to Reaccumulate?

By Brian Bollinger at 2026-05-04 19:19

Sentiment: Positive

Ethereum Price Prediction: The ongoing consolidation in Ethereum price hit a minor roadblock at $1800 psychological support and has turned sideways for nearly a week now. Amid the consolidation phase, the price resonated between two converging trendlines revealing the formation of a bearish flag. Here’s how this pattern may influence the Ethereum coin’s future trend. The post Ethereum Price Prediction: New Bearish Pattern Emerged Plots 8% Drop in ETH Price; Time to Reaccumulate? appeared first on CoinGape. Continue reading...

Categories: Price Analysis

Tags: #Price Analysis #ETH #Ethereum Price Prediction #United States

Source CoinGape