Ethereum ETH/USD are trading at 136 and continue to move as part of strong growth. Cryptocurrency capitalization at the time of the publication of the forecast is $14 516 111 176. Moving averages indicate the presence of an upward trend in Ethereum. At the moment, we should expect an attempt to decline and a test of the support level near the area of 125. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 170.
Ethereum Forecast and ETH/USD Analysis February 19, 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 option of raising the cryptocurrency will fall and breakdown level 120. This will indicate the breakdown support and the continuation of the fall in ETH/USD quotes below 100. With the breakdown of the resistance area and the closure of quotes above 145, we should expect the acceleration of the upward movement in Ethereum.
Ethereum Forecast and ETH/USD Analysis February 19, 2019 implies an attempt to test the support area near the level of 125. Where should we expect a rebound and continued growth of ETH/USD cryptocurrency in the area above 170. An additional signal in favor of Ethereum rise will be a test of the trend line relative strength index (RSI). The breakdown of the digital currency growth option will be made by the breakdown of area 120. This will indicate a continuation of the fall with a potential target below the level of 100.
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