The post Ethereum Price Analysis: With A Pennant Breakdown, Will ETH Price Float Above $1600? appeared first on Coinpedia Fintech News As predicted in our last ETH price analysis, the ETH prices fail to rise above the $1700 mark, leading to a bearish continuation. With a 2.53% drop, Ethereum breaks into the demand block above $1600. Entering deep into the previously demand-marked territory, the ETH price action displays lower price rejection with long tails. Becoming a …