FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's price has at this time moved above resistance at 2414.50 and prices are also now trading above the moving average. So at the moment we have the advantage with the bulls here and consequently the upward direction may continue. A target for this direction can be considered the resistance at 2549.60 and we'll see based on testing there. A move of prices back below 2414.50 and a close below that level would, of course, in that case be a southward move toward support at 2314.86. Good luck to everyone.