Ethereum ETH/USD are trading at 130 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $14 211 135 709. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 127. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the 155 level.
Ethereum Forecast and ETH/USD Analysis March 27, 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 a rebound from the lower boundary of the rising channel. Cancellation of the cryptocurrency growth option will be a fall and a breakdown of 125. This will indicate a breakdown of support and the continuation of the fall of ETH/USD quotes below 105. With the breakdown of the resistance area and the closure of quotes above 140, we can expect an acceleration of the upward movement on Ethereum.
Ethereum Forecast and ETH/USD Analysis March 27, 2019 involves an attempt to test the support area near the level of 127. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency in the area above the level of 155. A further signal for the growth of Ethereum is 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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