FX.co ★ #Ethereum chart analysis

#Ethereum H4 At this time the asset is trading below the resistance level 2660.20 and the moving average is below the prices, providing support to both the prices and the upward direction overall. Overcoming the resistance will allow the move to continue toward the resistance at 2822.05, but only if prices can close above this level. This simply rules out the possibility of a false breakout and thus confirms the upward direction. A pullback at the moment is, of course, an option, and the support at 2530.62 is a level that could trigger a resumption of the upward movement. All the best to everyone.