Ethereum Price Faces Many Hurdles, Downside Thrust Before Fresh Increase
Ethereum price is struggling above the $4,000 zone. ETH is slowly moving lower and there is a risk of a downside thrust toward the $3,850 support.
Gold pulled back at the start of the week as geopolitical tensions eased and the focus shifted to US economic data and earnings reports.
The yellow metal defied gravity in recent weeks, clinging to gains despite rising yields and a strengthening dollar.
Technically, gold remains overbought, but a breakdown in support levels could signal a potential trend reversal.
The yellow metal defied gravity in recent weeks, clinging to gains despite rising yields and a strengthening dollar.
Technically, gold remains overbought, but a breakdown in support levels could signal a potential trend reversal.
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