FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's price has at the moment moved above resistance at 2414.50 and is also trading above the moving average. So at the moment the bulls have the advantage here and, accordingly, the upward direction may continue. A potential target for this move is the resistance at 2549.60, and we'll see how it behaves on a test there. A move back below the 2414.50 level and consolidation under that level would, of course, point to a downside move toward support at 2314.86. All the best to everyone.