3 min readETHEREUM (ETH/USD):
Price action has shown impressive upside momentum over the past few weeks. As illustrated below, once the external descending trend line was broken, the price continued to climb higher as momentum began to accelerate.
A closer look at the technicals reveals several key areas of interest at lower levels where the price could potentially retrace, retest, and rebalance before resuming its upward movement. The RSI indicator does not currently show any signs of a slowdown in price momentum.
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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.
