Ethereum ETH/USD are trading at 144 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $15 544 786 038. Moving averages indicate the presence of 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 22, 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 130. This will indicate the breakdown support and the continuation of the fall in ETH/USD quotes below 105. With the breakdown of the resistance area and the closure of quotes above 150, we should expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis February 22, 2019 suggests an attempt to test the support area near the level of 135. Where should we expect a rebound and continued growth of ETH/USD cryptocurrency to an 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 digital currency growth option will be made by the breakdown of the area 130. That will indicate the continuation of the fall with the potential target below the level 105.