Ethereum Forecast and ETH/USD Analysis February 21, 2019


Ethereum ETH/USD are trading at 142 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $15 458 314 935. Moving averages indicate a bullish trend in Ethereum. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​135. 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 February 21, 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 125. This will indicate support breakdown and continued drop in ETH/USD quotes below 105. With the breakdown of the resistance area and closing quotes above the level 150, we should expect the upward movement development on Ethereum to accelerate.

Ethereum Forecast and ETH/USD Analysis February 21, 2019

Ethereum Forecast and ETH/USD Analysis February 21, 2019 implies an attempt to test the support area near the level of 135. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency in the area above the level of 175. An additional signal in favor of raising Ethereum will be a test of the trend line on relative strength index (RSI). The breakdown of the area 125 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 105.


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