ETHUSD long view

Looking at the chart on the four-hour time frame, we see that Ethereum managed to reach the $ 2000 level again, surpassing the previous high to $ 1945. Still, strong support in moving averages is getting bigger and higher. Now our next target is the previous high at $ 2041 and the last resistance before conquering new historic highs on the chart. If we look at the MACD indicator, we see a strong bullish trend of the price of $ 1550 and that we are still in it with no current signs for a possible turnaround on the chart.