Ethereum ETH/USD are trading at 150 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $15 991 664 745. 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 140. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 175.
Ethereum Forecast and ETH/USD Analysis April 3, 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 135. This will indicate a breakdown of support and the continuation of the fall in ETH/USD quotes below 115. With the breakdown of the resistance area and the closing of quotes above the level of 155, we can expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis April 3, 2019 implies an attempt to test the support area near the level of 140. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency in the area above the level of 175. A further signal for the growth of Ethereum is a test of the trend line on relative strength index (RSI). The breakdown of the area 135 will be the cancellation of the growth option of the digital currency. This will indicate a continuation of the fall with the potential target below the level 115.