Ethereum ETH/USD ends the trading week at level 135 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and maintain the test level near area 125. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 180.
Ethereum Forecast and Analysis March 25 — 29, 2019
In favor of the growth of ETH/USD quotes on the current trading week of March 25 — 29, 2019, the support line test on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the bullish channel. Cancellation of the growth option will be a fall and a breakdown of the level of 110. This will indicate a breakdown of the support area and a continued decline in ETH/USD with a potential target below 75. A confirmation of the growth of cryptocurrency Ethereum will break down the resistance area and close the quotes above the level 155.
Ethereum Forecast and Analysis March 25 — 29, 2019 suggests an attempt to test the support area near the level of 125. Where should we expect a rebound and continued growth of cryptocurrency in the region above the level of 180. An additional signal in favor of Ethereum growth 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 110. In this case, we should expect continued decline c target below area 75.
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