Ethereum ETH/USD are trading at 131 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $14 209 836 245. Moving averages indicate a bullish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 128. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 165.
Ethereum Forecast and ETH/USD Analysis March 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). The second signal will be the formation of an inverted model of «Head and Shoulders». Cancellation of the cryptocurrency growth option will be a fall and a breakdown of level 120. This will indicate a breakdown of 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 145, we can expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis March 13, 2019 suggests an attempt to test the support area near the level of 128. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency in the area above the level of 165. A further signal for the growth of Ethereum will be the test trend line on relative strength index (RSI). The cancellation of the growth option of the digital currency will be made by the breakdown of area 120. This will indicate a continuation of the fall with a potential target below level 105.
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