Ethereum ETH/USD forecast on December 20, 2017


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Ethereum ETH/USD are traded at 809 and continue to move within the growth. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​760. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above the level of 880.

Ethereum ETH/USD forecast on December 20, 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 bottom of the bullish channel. The cancellation of the growth option will be the breakdown of the support area and the closing below 720, which will indicate the outflow of quotes outside the channel and the continuation of the fall of ETH/USD. Expect to accelerate growth is with the breakdown of the level of 865.

Ethereum ETH/USD forecast on December 20, 2017

Ethereum ETH/USD forecast on December 20, 2017 assumes a test of the support area near the level of 760, from which it is expected to rebound and continue growth to the area above the level of 880, an additional signal for the growth of Ethereum will test a support line on the indicator of the relative strength index (RSI).


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