Ether has been hovering around $1,928 for the past three days, encountering selling pressure. However, bulls are still showing confidence in breaking through the resistance, indicating that buyers are interested in breaking through this hurdle. The moving averages are forming a bullish crossover, and the relative strength index (RSI) is in the positive territory, showing that bulls are still in control. If ETH succeeds in breaking through the $1,928 resistance, it is expected to rise to the $2,148 to $2,200 area.

If the bears want to stop the rise, they need to push the price below the moving averages quickly. This could trigger the stops of aggressive longs, resulting in a pullback to the strong support of $1,700. The four-hour chart shows that the price is fluctuating in a range between $1,936 and $1,861. The rising moving averages and the RSI in the positive zone suggest minor resistance on the upside. If ETH price pushes above this range, it may start testing the $2,000 mark.

On the contrary, if the price drops and breaks below the $1,861 support, the short-term trend will tilt in favor of the bears. Next, ETH may drop to the 50-day moving average level and further to $1,750. Please note that the market is volatile, so traders need to pay close attention to price dynamics and set appropriate stops and targets.