Ethereum Price Prediction: Assessing the possibility of a post-Merge rally
Ethereum price trades at $1,323 on Sunday, several days after sliding to $1,200. It was a surprise that the largest smart contracts token would give up most of its gains during and after the much-publicized Merge. On-chain data shows a significant reduction in the Ethereum Supply.
Why Chainlink price could lose momentum at $8.00
Chainlink price is among the few crypto assets in the green on Sunday. The smart contacts’ price feed oracle token defied the bear market this week to post 23.7% gains. As discussed earlier in the week, the V-shaped pattern matured at LINK brushed shoulders with $8.00.
Why Investors may want to watch Bitcoin price for a 10% move
Bitcoin price consolidates at $19,000 while bulls repair its technical structure. A symmetrical triangle pattern on the eight-hour chart hints at a 10% bullish breakout to $20,915. Bitcoin price’s impending breakout could delay due to low trading volume on Sunday.
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