- Santiment data indicates that wallets are disposing of their ETH coins at lower prices.
- Historical data suggests that this could lead to s price bounce for ETH.
- From a technical standpoint, if ETH is able to close a daily candle above $1,715.42 within the next 48 hours, then it may continue to rise to $1,850.
Data from the market intelligence platform Santiment suggests that Ethereum (ETH) could see a price bounce soon. According to a Twitter post shared by the platform earlier today, it seems like ETH is one of the top cap cryptocurrencies that traders are getting impatient with at the moment.