Ethereum ETH/USD are trading at 99 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $10 620 050 882. Moving averages indicate the presence of a bullish trend in Ethereum. At the moment, we should expect an attempt to correct and test the support level near the region 95. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the 115 level.
Ethereum forecast & technical analysis December 20, 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). As well as a rebound from the upper limit of the bearish channel. 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 resistance area and the closure of the quotes above 105, we should expect the upward movement of Ethereum to accelerate.
Ethereum forecast & technical analysis December 20, 2018 implies an attempt to test the support area near the level of 95. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency to an area above 115. An additional signal in favor of Ethereum growth will be a test of the trend line at 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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