Ethereum ETH/USD is trading at 8217. Cryptocurrency continues to move within the bullish trend. At this point, we expect the correction of Ethereum in the support area at 362. Further, the rebound and the continuation of the growth of ETH/USD are above the level of 377.
Ethereum (ETH/USD) forecast for today November 21, 2017
A strong signal in favor of the bearish correction of the cryptocurrency is the resistance test on the Stochastic indicator. The conservative area for buy Ethereum is located near level 350. The abolition of the Ethereum growth option will be a breakdown of the level of the lower moving average and a close below 340, which will indicate the continuation of the decline of the cryptocurrency.
Ethereum (ETH/USD) forecast for today November 21, 2017 involves trying to test the support level near 362 and continuing growth in the area above 377, an additional signal for the fall of the Ethereum rate is the resistance test on the indicator Stochastic.
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