May 11, 2026

Bearish pennant formation ETH

Bearish pennant formation ETH

Bearish pennant formation ETH

Bearish pennant formation ETH

Ethereum / U. S. Dollar KRAKEN:ETHUSD
turtlebuster


Bearish pennant formation ETH

The price momentum of ETHER has been in a massive downturn since reaching ATHs. Technicals show a bearish pennant formation possibly signaling a continuation to the downside.

Fundamentals, as interest rates rise and war rages on in Ukraine, the economic uncertainty will weigh heavy on investor minds causing them to flee to safe havens such as the US dollar and away from risky and volatile assets such as crypto.

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