Cryptocurrency Ethereum is trading at 293.37. Quotations ETH/USD continue to move below the moving average level, which indicates the development of a bearish trend. At the moment, expect a test of the moving average area near the level of 303.10 and the continuation of the decline in quotations Ethereum with a target below the level of 265.00.
Ethereum ETH/USD forecast for today September 13, 2017
An additional signal in favor of the drop of Ethereum will be a test of level 80 on the Stochastic indicator, which will form a strong signal for sales of cryptocurrency. The cancellation of the drop in ETH/USD quotations will result in a strong growth and breakdown of the area of 320.00, which will indicate the continued growth of the cryptocurrency. With the breakdown of the local minimum level and the closing of quotations below area 280, it is expected to accelerate the development of the bearish trend.a