Ethereum ETH/USD forecast on December 19, 2017


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Ethereum ETH/USD are traded at the level of 700 and continue to move within the growth. At this point, we should expect a downgrade attempt and a support level test near the 680 area. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above the level of 785.

Ethereum ETH/USD forecast on December 19, 2017

In favor of the growth of the ETH/USD quotes, a support line test will be performed on the relative strength index (RSI). The cancellation of the growth option will be the breakdown of the support area and the closure below 640, 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 index (RSI).

Ethereum ETH/USD forecast on December 19, 2017

Ethereum ETH/USD forecast on December 19, 2017 assumes an attempt to test the support area near the level of 680, from which it is expected to rebound and continue growth to the area above the level of 785, an additional signal for the growth of Ethereum will test the support line on the indicator of the relative strength index (RSI).


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