3 min readETHEREUM (ETH/USD):
ETH’s price movement still appears to be lagging behind some other Altcoins in this cycle. Currently, it’s trading just above $2,600.00 and is attempting to break through this internal resistance level for the third time.
A closer look at the technicals reveals strong support along the internal ascending trend line. The RSI indicator shows no signs of the price being “overbought” and is currently quite neutral. If we successfully break through this internal resistance level, I’ll be watching closely to see how the price behaves in higher discounted regions.
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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.
