FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's prices have currently moved above the resistance level at 2414.50 and are also trading above the moving average. So at the moment the bulls have the advantage here and accordingly the upward direction may continue. A target for this direction can be considered the resistance at 2549.60 and we'll see based on how it's tested there. A move of prices again below the level 2414.50 and a consolidation of prices below this level would, of course, in such a situation be a southward move toward the support at 2314.86. Wishing everyone well.