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.
Key Highlights
Ethereum breaks above the moving averages
The biggest altcoin approaches the high of $3,000
Ethereum ETH) Current Statistics
The current price: $2,821.03
Market Capitalization: $331,092,790,021
Trading Volume: $48,413,395,855
Major supply zones: $2,000, $2,200, $2,400
Major demand zones: $1,800, $51,600, $1,400
Ethereum (ETH) Price Analysis May 26, 2021
On May 23, Ethereum plunged to $1,755 low as bulls bought the dips. The biggest altcoin has resumed upward move as price attempts to break above the 50-day SMA. Ether is trading at $2,915 at the time of writing. The crypto will be out of downward correction if price breaks above the $3,250 support. On May 20, the bulls retested the $3,000 high, and Ether dropped to the previous low at $1,750. The price indicator has signified that the market has reached the overbought region. It is unclear if the bullish momentum will continue.
ETH Technical Indicators Reading
Ethereum price has risen to level 48 of the Relative Strength Index period 14. It indicates that the altcoin is in the bearish trend zone and it is capable of falling on the downside. The crypto is above the 80% range of the daily stochastic. It indicates that price has reached the overbought region.
Conclusion
Ethereum is likely to rise despite the minor resistance at the recent high. On the 4-hour chart, Ethereum has broken above the moving averages which indicate a possible upward move. Meanwhile, on May 25 uptrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. This retracement indicates that the coin will rise to level 1.618 Fibonacci extension or level $3,363.62.
You can purchase crypto coins here: Buy Coins
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 results
- 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
