FX.co ★ #Ethereum chart analysis

#Ethereum H4 Currently the asset is trading at the resistance level 2504.43 and the moving average is already slightly below while supporting the upward direction. That is, at the moment there is an opportunity to continue upward toward the resistance at level 2634.88. Only whether it will act persistently now or not remains a question. A rejection now from this level with a move slightly below the moving average would be a downward direction 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 if, after the breach, the price is able to consolidate below. All the best to everyone.