3 min readETHEREUM (ETH/USD):
Ethereum continues to trade near the resistance level around $4,000, as it seeks support to sustain upward momentum.
A closer look at the technicals clearly shows that the price has broken above the descending trend line and now appears to be retesting it. It will be interesting to see if the price can hold at this level and potentially continue moving higher. At the moment, the RSI indicator does not show any signs of the price being overbought or oversold.
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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.
