Ethereum ETH/USD are trading at 176 and continue to move as part of strong growth. Cryptocurrency capitalization at the time of the publication of the forecast is $19 046 468 293. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 170. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 200.
Ethereum Forecast and ETH/USD Analysis April 9, 2019
An additional signal in favor of the growth of ETH/USD quotes will be a test of the rising trend line on the relative strength index (RSI). The second signal will be a rebound from the lower boundary of the rising channel. Cancellation of the cryptocurrency growth option will be a fall and a breakdown of the level of 160. This will indicate a breakdown of support and the continuation of the fall in ETH/USD quotes below 135. With the breakdown of the resistance area and the closure of quotes above the level of 190, we should expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis April 9, 2019 implies an attempt to test the support area near the level of 170. Where should we expect a rebound and continued growth of ETH/USD cryptocurrency in the region above the level of 200. An additional signal in favor of Ethereum growth will be a test of the trend line on relative strength index (RSI). The breakdown of the area of growth of the digital currency will be made by the breakdown of the area 160. This indicates a continuation of the fall with the potential target below the level 135.
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