FX.co ★ #Ethereum chart analysis

#Ethereum H4 With a strong drop the asset's price has again fallen below the level 2263.66 as well as below the moving average. Now it seems there is only left to hold below the level and the downward direction can continue. Support at 2070.10 in that case becomes the target of the downward move. And further, as they say, we'll see when it's reached. The upward direction will take place if prices return again above resistance and at the same time can move above the moving average. They may very well try to fill the price gap now and this moment is worth paying attention to. All the best.