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Ethereum price movement forecast, July 22, 2020.

analytics5f17b74719699.jpg

On the 4 hour chart, Ethereum is trying to break through the Liquidity Void bellow its current price and reach the 238.23 level. It can be seen on the Stochastic Oscillator showing the overbought level and trying to close bellow the 80 level. This scenario is likely to come true if the pair dies not rise and close above the 246.33 level.

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The material has been provided by InstaForex Company - www.instaforex.com