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ETH Wave Five Bearish Impulse
Ethereum is expected to move lower as it unfolds a five-wave bearish impulse toward the 1300 support area.
ARTICLES2
SOURCES2
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FIRST SEENMay 29, 2026
LAST SEENMay 30, 2026
TRAJECTORY Quiet
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
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SOURCE EVIDENCE
"Technical indicators still lean weak. The RSI stands at 30.87, while its moving average is near 35.28. This places ETH close to oversold territory."
"Ethereum is moving lower on the daily chart, likely unfolding a five-wave bearish impulse toward the 1300 support area or potentially even lower."