Ethereum ETH/USD are traded at 673 and continue to move within the growth. At this point, we should expect an attempt to rebound and test the lower border of the channel near area 615. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above 750.
ETHEREUM forecast & technical analysis December 14, 2017
In favor of the growth of quotations, ETH/USD will test the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be the breakdown of the area 580, which will indicate the outflow of quotations outside the channel and the continuation of the fall of ETH/USD. Expect to accelerate growth is with the breakdown of the level of 700.
ETHEREUM forecast & technical analysis December 14, 2017 assumes an attempt to test the lower border of the channel near the area of 615, from which it is expected to rebound and continue growth to an area above 750, an additional signal in favor of Ethereum growth will be a test of the trend line on the indicator relative strength index (RSI).
