Ethereum ETH/USD are trading at 91 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $9 854 589 622. Moving averages indicate a bearish trend in Ethereum. At the moment, we should expect an attempt to correct and test the support level near the region of 90. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the 105 level.
Ethereum forecast & technical analysis December 19, 2018
An additional signal in favor of the growth of ETH/USD quotes will be a test of the trend line on the relative strength index (RSI). Cancellation of the cryptocurrency growth option will be a fall and a breakdown of level 85. This will indicate a breakdown of the support area and the continuation of the fall in ETH/USD quotes below 75. With the breakdown of the upper limit of the bearish channel and closure of quotes above 95, we should expect the acceleration of the bullish movement on Ethereum.
Ethereum forecast & technical analysis December 19, 2018 suggests an attempt to test the support area near the level of 90. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency to an area above 105. An additional signal in favor of Ethereum growth will be a test of the trend line on relative strength index (RSI). The cancellation of the digital currency growth option will be canceled by area 85. This indicates a continuation of a fall with a potential target below level 75.
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