Ethereum ETH/USD are traded at 603 and continue to move within the bearish correction. At this point, we should expect an attempt to reduce and test the level of 575. Where again we should expect a rebound and the continued growth of the Ethereum rate with a target above the level of 700.
Ethereum ETH/USD forecast on December 16, 2017
In favor of the growth of quotations ETH/USD will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option will be a breakdown of the 550 area, which will indicate the continuation of the fall of ETH/USD. To expect the acceleration of growth is with the breakdown of the downward trend line on the indicator of relative strength and closing above the level of 650.
Ethereum ETH/USD forecast on December 16, 2017 involves an attempt to test the area of 575, from which it is expected to rebound and continue growth to the area above the level of 700, an additional signal for the growth of Ethereum will test the support line on the indicator of relative strength index (RSI).
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