Ether Looks North as Europe's Energy Crisis Zaps Risk Appetite

Callen Whiteley
0 mins

Ether looked north last week, after exiting a falling wedge pattern, analysts said. Buyers remained on the sidelines early Monday as Europe's worsening energy crisis zapped risk appetite.

Ether's daily chart showing a falling wedge breakout. (TradingView) (TradingView)
The falling wedge breakout on Ether's daily chart is a bullish sign for the cryptocurrency. This indicates that prices are likely to rise in the near future.

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