Ethereum ETH/USD are trading at 103 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $11 322 010 966. Moving averages indicate the presence of an upward trend in Ethereum. At the moment, we can 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 level of 125.
Ethereum forecast & technical analysis December 21, 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 lower boundary of the rising channel. Cancellation of the cryptocurrency growth option will be a fall and a breakdown level of 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 quotes above 110, we should expect the upward movement development in Ethereum to accelerate.
Ethereum forecast & technical analysis December 21, 2018 suggests 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 in the area above 125. 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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