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.
Ether reaches to $1,907 low and pulled back
ETH/USD is in a downward correction
Ethereum ETH) Current Statistics
The current price: $2,009.24
Market Capitalization: $242,800,964,232
Trading Volume: $19,481,178,496
Major supply zones: $4,000, $4,500, $5,000
Major demand zones: $3,500, $3,000, $2,500
Ethereum (ETH) Price Analysis May 19, 2022
Ethereum’s (ETH) price is in a downward correction as it revisits the $2,200 high. Ether’s price has continued to fluctuate between $1,763 and $2,200 price levels. Since May 12, the price fluctuation has been limited within this price range. The downtrend will resume if the bears break below the $1,763 support. The long candlestick’s tail on May 12 has indicated that the current support has strong buying pressure. On the downside, Ether will be in a range-bound move between $1,763 and $2,200 price levels if the bears break below the current support.
ETH Technical Indicators Reading
Because of the upward correction, ETH is at level 36 of the Relative Strength Index for period 14. The altcoin is still in the bearish trend zone despite the brief uptrend. The 21-day line and the 50-day line SMA are sloping southward indicating the downtrend. Ether is above the 25% range of the daily stochastic. The market is in a bullish momentum
Conclusion
Ethereum has continued its sideways move since May 12 as it revisits the $2,200 high. Neither the bulls nor the bears have broken the range-bound levels. Meanwhile, on May 12 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that ETH will fall to level 1.272 Fibonacci extension or $1,460.33.
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
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus