Ethereum Holds its Ground in January

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31/01/2018
Ethereum Holds its Ground in January Ethereum fans have at least some reason to be happy about January unlike most cryptocurrency traders. The several upward trend lines have held their ground in recent days and weeks amid a strong dip for many of the other prominent cryptos out there. News of the Coincheck hack where over $530M were stolen and Facebook's ban on adverts for ICO's and cryptocurrencies have dampened the mood for almost all cryptos. But Ethereum is proving to be largely resistant to the multiple impacts of the two negative developments. In today's update David Jones discusses the support and resistance levels on the daily and hourly charts and identifies the trend lines that are in play right now. At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
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