Ethereum ETH/USD are trading at 140 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $15 037 964 104. Moving averages indicate the presence of a bullish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near area 138. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 150.
Ethereum Forecast and ETH/USD Analysis April 2, 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 bullish channel. Cancellation of the cryptocurrency growth option will be a fall and a breakdown of the level of 135. This will indicate a breakdown of support and the continuation of the fall in ETH/USD quotes below 120. With the breakdown of the resistance area and the closing of quotes above the level of 145, we can expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis April 2, 2019 implies an attempt to test the support area near the level of 138. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency in the area above the level of 150. An additional signal in favor of Ethereum growth will be a test of the trend line on relative strength index (RSI). The cancellation of the digital currency growth option will be canceled by area 135. This will indicate a continuation of a fall with a potential target below level 120.