Ethereum ETH/USD are traded at 481 and continue to move within the growth. At this point, we should expect an attempt to test the upper limit of the «Triangle» model near the 470 level. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above the 525 level.
Ethereum (ETH/USD) technical analysis July 10, 2018
In favor of the growth of quotations ETH/USD will test the upward trend line on the indicator of relative strength index (RSI). Canceling the variant of the growth of the cryptocurrency will be a drop and breakdown of the level of 445, which will indicate the breakdown of the support area and the continuation of the decline of the ETH/USD below the level of 410. With the breakdown of the resistance area and the closing of quotes above 500, it is necessary to confirm the development of the upward trend in Ethereum.
Ethereum (ETH/USD) technical analysis July 10, 2018 assumes an attempt to test the support area near the 480 level, from which it is expected to rebound and continue the growth of the ETH/USD cryptocurrency to the area above the level of 525, an additional signal for the growth of Ethereum will test the support line on the indicator of relative strength index (RSI), cancellation will be the breakdown of the area 445.
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