Ethereum ETH/USD traded at 178 and continues to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $19 135 190 427. Moving averages indicate the presence of 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 215 level.
Ethereum Forecast and ETH/USD Analysis April 11, 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 155. This will indicate a breakdown of support and the continuation of the fall of ETH/USD quotes below 135. With the breakdown of the resistance area and the closure of quotes above 190, we should expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis April 11, 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 area above 215. 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 digital currency growth option will be canceled by the area 155. That will indicate a continuation of the fall with the potential target below the level 135.
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