Ethereum Struggles above $1,000, May Face Rejection at $1.200 High

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


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: $1,122.35
Market Capitalization: $136,083,289,045
Trading Volume: $27,411,264,653
Major supply zones: $2,500, $3,000, $3,500
Major demand zones: $2,000, $1,500, $1,000

Ethereum (ETH) Price Analysis June 20, 2022
Ethereum’s (ETH) price is in an upward move as it may face rejection at $1.200 high. The upward move is facing resistance at $1,168 high. On the upside, Ether will rally to $1,300 high if the bulls break above the resistance at $1,168. On the other hand, if the bears break below the $1, 051 support, Ether will decline to the previous low of $881. In the meantime, Ether is rising as it reaches the high of $1,168 at the time of writing.

Ethereum Bulls Struggles above the $1,000, May Face Rejection at $1.200 High
ETH/USD – Daily Chart

ETH Technical Indicators Reading
Ether is at level 28 of the Relative Strength Index for period 14. The coin is rising as buyers emerge in the oversold region of the market. Ether’s price bars are far below the moving averages indicating a further decline. It is above the 80% range of the daily stochastic. The market is reaching the overbought region .

Ethereum is making positive moves as it may face rejection at $1.200 high. Ether breaks above the 21-day line SMA but fails to break the 50-day line SMA. The upward movement will be accelerated if the bulls break above the 50-day line SMA. Meanwhile, on June 19 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that ETH will rise to level 1.618 Fibonacci extension or $1,322.14.

 Ethereum Bulls Struggles above the $1,000, May Face Rejection at $1.200 High
ETH/USD – 4 Hour Chart

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
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *