Ethereum ETH/USD are trading at 117 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $12 615 061 564. Moving averages indicate a bearish trend in Ethereum. At the moment, we should expect an attempt to reduce and test the support level near 110. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 140.
Ethereum Forecast and ETH/USD Analysis February 13, 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). As well as a rebound from the lower boundary of the rising channel. Cancellation of the cryptocurrency lift option will drop and breakdown level 100. This will indicate support breakdown and continued drop in ETH/USD quotes below 85. With the breakdown of the resistance area and closure of quotes above 125, we should expect the upward movement development on Ethereum to accelerate.
Ethereum Forecast and ETH/USD Analysis February 13, 2019 implies an attempt to test the support area near the level of 110. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency to an area above 140. An additional signal in favor of raising Ethereum is the trend line test relative strength indicator. The cancellation of the option of growth of the digital currency will be made by the breakdown of the area 100. This will indicate a continuation of the fall with a potential target below level 85.