FX.co ★ #Ethereum chart analysis

#Ethereum H4 Support at the level 2187.82 has so far stopped the decline in prices, but the moving average is above prices and this supports the bearish scenario. A break of this level and subsequent consolidation below would clearly be a continuation of the downside, and in that case the outlook could extend to the support at 1889.75. Not immediately, of course, but as a target it is clear. The upside here is only above the moving average and also in fact upon the asset moving above the level 2375.84. A close above that level will indicate bullish strength and accordingly the upside will continue. All the best to everyone.