FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's price has currently moved above the resistance at 2414.50 and is also trading above the moving average. That means currently the bulls have the advantage here and, accordingly, the upward direction may continue. A target for this move can be considered the resistance at 2549.60, and we'll see based on how it tests that level. A move of the price back below 2414.50 and a consolidation under that level would, of course, in that case be a downward move toward the support at 2314.86. All the best to everyone.