On June 8 the Ethereum network successfully underwent the merge to become proof-of-stake on its Ropsten testnet, but the news had little impact on ETH price.
With the Ropsten upgrade now looking more like a buy the rumor, sell the news type of event, most analysts have kept a short-term bearish outlook for Ether price. Let’s take a look.
Can Ether escape the head and shoulders pattern?
Twitter analyst, “Cactus”pointed out a bearish head and…
Source link
