Ethereum (ETH) appears to have reached the full extent of its correction against Bitcoin (BTC). The above daily chart for ETH/BTC shows that the price has been trading in a falling wedge since the month of June and has now reached the end of it. The EMA alignment for ETH/BTC still remains bearish but other factors indicate that a trend reversal is around the corner, not just for Ethereum (ETH) but for the whole altcoin market.
Source: CryptoDaily.co.uk
Original Post: Ethereum (ETH) Price Action Hints Altcoin Correction Might Be Over By Early September
