Ethereum ETH/USD ends the trading week at 161 and continues to move as part of growth. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 145. Where once again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 225.
Ethereum Forecast and Analysis April 15 — 19, 2019
In favor of the growth of ETH/USD quotes on the current trading week April 15 — 19, 2019 test support line on the indicator of relative strength index (RSI). The second signal will be a rebound from the lower boundary of the rising channel. Cancellation of the growth option will be a fall and a breakdown of the level of 125. This will indicate a breakdown of the support area and a continued decline in ETH/USD with a potential target below the level of 95. Confirmation of the growth of cryptocurrency Ethereum will break the resistance area and close the quotes above the level of 205.
Ethereum Forecast and Analysis April 15 — 19, 2019 suggests an attempt to test the support area near the level of 145. Where should we expect a rebound and continued growth of cryptocurrency in the area above the level of 225. An additional signal in favor of growth of Ethereum will be a test of the trend line on the relative strength index (RSI). Cancellation option lift will fall and the breakdown of the area 125. In this case, we should expect continued decline c target below area 95.