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 $376, breaks resistance at $380 and $395
Ethereum is likely to reach a high of $420
Ethereum (ETH) Current Statistics
The current price: $402.11
Market Capitalization: $45,554,549,947
Trading Volume: $14,203,450,629
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100
Ethereum (ETH) Price Analysis November 4, 2020
Today, Ethereum rebounded above $376 as price breaks the resistance at $380 and $395. The price surge reached a high of $408 but there was a pullback. The price is hovering above the $400 support. For the upside momentum to continue, the bulls must sustain the bullish momentum above $395. The biggest altcoin will reach a high of $420 if the momentum is sustained. Conversely, if price retraces and breaks below $395, Ether is likely to fall to $380 support. ETH is trading at $402 at the time of writing.
ETH Technical Indicators Reading
Ethereum breaks above the SMAs which suggests that the coin is likely to rise. Presently the SMAs are sloping horizontally indicating the sideways move. The coin is at level 57 of the Relative Strength index period 14.
Conclusion
Ethereum has resumed upward move as price breaks the previous resistance. On November 3 uptrend, ETH was resisted at $390. However, the retraced candle body tested the 50% Fibonacci retracement level, This implies that the market will rise and reach a high of 2.0 Fibonacci extension or the high of $409.16.
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
