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. A breakthrough of the resistance will make it possible to continue 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 is, of course, an option at the moment, and support at 2530.62 is a level that could give a start to the resumption of the upside. Wishing everyone well.