FX.co ★ #Ethereum chart analysis

#Ethereum H4 At this time the asset, or rather its quotes, are below the level 2295.76 and the moving average can be said to slightly support the downward direction of the quotes. That is, they can quite possibly continue to fall now and in that case one can look toward support at the level 2187.82. Lower levels can be considered only if they manage to break through the level and close below. A rebound from support with prices moving above the moving average would already present the possibility of a northward path and they could overcome resistance at the level 2295.76. And further, likewise by the principle of consolidation, they could continue to rise to the next resistance at the level 2375.845. All the best to everyone.