3 min readETHEREUM (ETH/USD):
Ethereum has experienced a remarkable upward trend in recent weeks and is currently trading above $3,700.00. However, the price has encountered resistance at this level and is facing a rejection in this internal resistance zone.
A closer examination of the technicals reveals that if the price manages to break higher and move through this internal resistance zone, I will be keen to observe its behavior in the external resistance area. This area aligns perfectly with our previous all-time high (ATH) level of $4,868.00.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
