Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Ethereum ETH) Current Statistics
The current price: $1,889.57
Market Capitalization: $227,254,327,430
Trading Volume: $6,800,013,559
Major supply zones: $3,000, $3,500, $4,000
Major demand zones: $1,700, $1,500, $1,000
Ethereum (ETH) Price Analysis May 29, 2023
Ethereum (ETH) price rises above the moving average lines and resumes its upward trend. The price of cryptocurrency is bouncing between moving average lines and below resistance. If the price rises above the resistance level at $1,920, Ether will resume its current upward trajectory. The market will improve, causing Ether to reenter the psychological $2000 price range. However, a further upward advance is unlikely as the market gets closer to the overbought region. Over the moving average lines, the biggest alternative coin is retracing downward. The current trend might continue if the price of the coin stays above the moving average lines. Ether, on the other hand, will lose value if the price goes into the range-bound zone. In other words, the fixed price of Ether will be set somewhere between $1,750 and $1,920.
ETH Technical Indicators Reading
At level 59 of the Relative Strength Index for period 14, Ether is in the positive trend zone. Because the price bars are just above the moving average lines, the altcoin will increase. Ether is currently in an overbought area and at risk of more loss. The coin is below the daily Stochastic level of 80.
Conclusion
Ethereum reaches a point of bullish exhaustion and resumes its upward trend. The altcoin retraced the low of $1,876 and is now consolidating above it. The cryptocurrency’s price is in the range-bound region but is above the moving average lines. Selling pressure will increase once more if the price falls below the 50-day SMA.
You can purchase crypto coins here. Buy LBLOCK
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus