Ethereum ETH/USD are traded at 663 and continue to move within the correction. At this point, we should expect an attempt to test the lower border of the channel near the area of 625. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above 822.
Ethereum ETH/USD forecast on December 23, 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 the breakdown of the support area and the closure below 550, which will indicate the outflow of quotes out of the channel and the continuation of the fall of ETH/USD. Expect the acceleration of growth is the level of resistance and closing above 740.
Ethereum ETH/USD forecast on December 23, 2017 assumes an attempt to test the lower border of the channel near the level of 630, from which it is expected to rebound and continue to rise above 820, an additional signal in favor of Ethereum growth will be a test of the support line on the indicator of relative strength index (RSI).
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