FX.co ★ #Ethereum chart analysis

#Ethereum H4 Now the asset is trading at the resistance level 2504.43 and the moving average is already slightly below, which supports the upward direction. So at the moment there is an opportunity to continue upward toward resistance at 2634.88. Whether they will act persistently now or not is still a question. A bounce now off this level with a move slightly below the moving average would be a downward move and at minimum the support at 2414.50 will be tested. A break of this support is not necessarily a continuation of the downside; continuation will occur only if after the breach prices are able to hold below. Wishing everyone well.