FX.co ★ #Ethereum chart analysis

#Ethereum H4 На this time the asset is trading below the resistance level 2660.20 and the moving average is below the prices, which provides support both to the prices and to the upward direction overall. Overcoming the resistance will allow continuing toward the resistance at 2822.05, but, only if prices can manage to hold above that level. This simply rules out the possibility of a false breakout and thereby confirms the upward direction. As for a pullback at the moment that is of course an option and the support at 2530.62 is the level that may trigger a renewed upward move. All the best.