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Rising Wedge – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 12 Dec 2021 17:23:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Rising Wedge – DIGIT INFO https://www.digit.info 32 32 3 reasons why Ethereum price can drop below $3K by the end of 2021 https://www.digit.info/3-reasons-why-ethereum-price-can-drop-below-3k-by-the-end-of-2021/ Sun, 12 Dec 2021 17:23:35 +0000 https://www.digit.info/2021/12/12/3-reasons-why-ethereum-price-can-drop-below-3k-by-the-end-of-2021/

The bearish setup appears amid growing divergence between the Ether price and momentum.

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Ethereum price risks losing $4K on ‘rising wedge’ breakout fears https://www.digit.info/ethereum-price-risks-losing-4k-on-rising-wedge-breakout-fears/ Tue, 16 Nov 2021 14:01:00 +0000 https://www.digit.info/2021/11/16/ethereum-price-risks-losing-4k-on-rising-wedge-breakout-fears/

The potential price decline would also mark Ethereum’s return to its Ascending Channel support.

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Avalanche recovers from Evergrande-led selloff as AVAX rebounds over 30% https://www.digit.info/avalanche-recovers-from-evergrande-led-selloff-as-avax-rebounds-over-30/ Wed, 22 Sep 2021 13:00:45 +0000 https://www.digit.info/2021/09/22/avalanche-recovers-from-evergrande-led-selloff-as-avax-rebounds-over-30/

The sharp bounce back in Avalanche market yet faces risks of exhaustion as the price forms a bearish wedge setup.

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Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3 https://www.digit.info/cardano-chalks-a-bearish-wedge-as-ada-price-soars-by-over-100-in-q3/ Tue, 24 Aug 2021 11:19:56 +0000 https://www.digit.info/2021/08/24/cardano-chalks-a-bearish-wedge-as-ada-price-soars-by-over-100-in-q3/

The bearish outlook appears also as Cardano’s daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin keeps the upside hopes intact.

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