FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's price has moved above the resistance at the level 2414.50 and prices are also currently trading above the moving average. So at the moment we have an advantage for the bulls here and, accordingly, the upward direction may continue. A target for this direction is the resistance at 2549.60, and we'll see after testing there. A move of prices back below the level 2414.50 and a consolidation under that level would, of course, in such a situation mean a move down toward the support at 2314.86. Wishing everyone well.