Ethereum ETH/USD are trading at 158 and continue to move as part of a bearish correction. Cryptocurrency capitalization at the time of the publication of the forecast is $17 021 535 599. 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 155. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 190.
Ethereum Forecast and ETH/USD Analysis April 5, 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 145. This will indicate a breakdown of support and the continuation of ETH/USD falling below 125.
Ethereum Forecast and ETH/USD Analysis April 5, 2019 implies an attempt to test the support area near the level of 155. Where should we expect a rebound and continued growth of ETH/USD cryptocurrency in the area above 190. An additional signal in favor of Ethereum growth relative strength index (RSI). The breakdown of the digital currency growth option will be canceled by the area 145. That will indicate a continuation of the fall with a potential target below the level of 125.
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