Ethereum’s price action may be textbook indecision, yet an analyst said that the asset is moving ever closer to a breakdown. Ethereum Could Plunge Lower According to a trader, Ethereum is on the verge of breaking down. He shared the chart below, noting that ETH is trading in a textbook “Chauvashov fork” pattern. The pattern implies a drop to $175 will take place if the formation is broken: “If this Chuvashov fork breaks, ~$175 is […]
