Ethereum forecast & technical analysis December 25, 2018


Ethereum ETH/USD quotes are trading at 144 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $15 398 792 731. Moving averages indicate a downward trend in Ethereum. At the moment, we can expect an attempt to correct and test the support level near the area of ​​130. Where again we should expect a rebound and continued growth of the course Ethereum with a potential target above the level of 195.

Ethereum forecast & technical analysis December 25, 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 105. This will indicate a breakdown of the support area and the continuation of the fall in ETH/USD quotes below 85. With the breakdown of the resistance area and the closure of the quotes above 155, we can expect the upward movement of Ethereum to accelerate.

Ethereum forecast & technical analysis December 25, 2018

Ethereum forecast & technical analysis December 25, 2018 suggests an attempt to test the support area near the level of 130. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency to an area above 195. 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 the area 105. This will indicate a continuation of the fall with the potential target below level 85.


Join our Telegram Channel


Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link

Post Comment