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 hovers above the $1,700 support
Ether targets the high of $2,050
Ethereum ETH) Current Statistics
The current price: $1,707.28
Market Capitalization: $207,866,779,127
Trading Volume: $22,932,845,987
Major supply zones: $1,800 $2,000, $2,200
Major demand zones: $1, 700, $1,500, $1,300
Ethereum (ETH) Price Analysis July 29, 2020
Ethereum (ETH) price is making impressive upward moves to the previous highs as it reaches the overbought region. For the past 48 hours, the largest altcoin has been fluctuating above the $1,700 support. Ether has reached bullish exhaustion as it trades in the overbought region of the market. On the upside, if the crypto’s price has broken the recent high, Ether would have risen to the high of $2,050. On the downside, if Ether faces rejection at the recent high, it will decline to the previous low above $1,300. Meanwhile, ETH/USD is trading at $1,705 at the time of writing.
ETH Technical Indicators Reading
Ether is at level 65 of the Relative Strength Index for period 14. It indicates that Ether is in the bullish trend zone and may further rise to the upside. The crypto is above the 80% range of the daily stochastic. It is trading in the overbought region since July 18. Sellers may be attracted to the overbought region. The 21-day SMA and 50-day SMA are sloping upward indicating the uptrend.
Conclusion
ETH/USD has resumed its upward move as it reaches the overbought region. The price has indicated further upward movement of the coin. Meanwhile, on July 19 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement suggests that ETH will rise to level 1.618 Fibonacci extension or $2,047.43.
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
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
