FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's quotes have currently moved above the resistance at 2414.50 and the quotes are also trading above the moving average. That means currently we have the advantage for the bulls and therefore the upward direction may continue. A prospect for this direction can be considered the resistance at 2549.60 and we'll see the results of testing there. A move of the quotes again below the level 2414.50 and consolidation of the quotes below that level would, of course, in such a situation be a move to the downside toward the support at 2314.86. Wishing everyone well.