FX.co ★ #Ethereum chart analysis

#Ethereum H4 At the moment the asset is trading below the resistance level 2660.20 and the moving average is below the prices, which provides support to both the prices and the upward direction overall. Overcoming the resistance will make it possible to continue the move toward the resistance at 2822.05, but only if prices can hold above that level. This simply rules out the possibility of a false breakout and thereby confirms the upward direction. A pullback, at the moment, is of course an option, and the support at 2530.62 is a level that could kick off a resumption of the uptrend. All the best to everyone.