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
Ether rebounds above $470 support, resumes upward
Ethereum is in a fresh uptrend, targets the $620 high
Ethereum (ETH) Current Statistics
The current price: $565.32
Market Capitalization: $64,184,370,910
Trading Volume: $24,563,337,109
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100
Ethereum (ETH) Price Analysis November 22, 2020
Ethereum makes an impressive bullish run as bulls breach more resistance levels. Firstly, the bulls broke the $488 overhead resistance and moved up to breach the $550 high. Buyers have been able to push above the $550 high. On the upside, if buyers are successful, the biggest altcoin will reach a high of $620. Conversely, if the bears break below the $550 support, the coin will resume a downward move.
ETH Technical Indicators Reading
The price has broken the resistance line of the ascending channel. This indicates that the bullish momentum has resumed on the upside. The altcoin is above the 80% range of the daily stochastic. It implies that the coin is trading in the overbought region of the market.
Conclusion
Ethereum is likely to move on the upside as bulls break the $488 overhead resistance. On November 19 uptrend, a retraced candle body tested the 38.2% Fibonacci retracement level. This gives the impression that the uptrend will continue to rise to the level of the 2.618 Fibonacci extensions. That is the high of $654.46.
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
