Ethereum Struggles above $2,000 as Buyers Recoup Their Loses

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: $2,010.12
Market Capitalization: $240,910,102,285
Trading Volume: $7,976,126,186
Major supply zones: $3,000, $3,500, $4,000
Major demand zones: $1,700, $1,500, $1,000

Ethereum (ETH) Price Analysis November 20, 2023
Ethereum (ETH) hovers above the moving average lines as buyers recoup their losses. The biggest altcoins left long candlestick tail traces above the moving average lines. Long candlestick tails above moving average lines indicate significant buying pressure above the moving average lines.

The bulls broke above the $2,000 high on November 19, but purchasers are battling to maintain the positive momentum above it. If buyers are successful, the altcoin will soar and return to former highs of $2,146 and $2,200. ETH/USD, on the other hand, will remain range-bound between the 21-day SMA and the $2,000 high where the bullish scenario is violated.

Ethereum Struggles above $2,000 as Buyers Recoup Their Loses
ETH/USD – Daily Chart

ETH Technical Indicators Reading
Ether is caught between the 4-hour chart’s moving average lines due to the recent rise. It suggests that the range-bound move could continue. On the daily chart, the buyer’s ability to sustain the price above the 21-day SMA indicates that the cryptocurrency will continue to rise.

The largest altcoin has avoided dropping below the 21-day simple moving average as buyers recoup their losses. Ether, on the other hand, has recovered and resumed its upward movement above the $2,000 psychological price level. If buyers surpass the barrier at $2,134, a rise above $2,200 is predicted.

Meanwhile, Ether is breaking through the $2,000 psychological price mark.

 Ethereum Struggles above $2,000 as Buyers Recoup Their Loses
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 *