Ethereum ETH/USD are trading at 197 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $20 749 485 511. At the moment, we can expect an attempt to test the resistance level near the region of 200. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below 180.
Ethereum forecast & technical analysis November 15, 2018
An additional signal in favor of the drop in ETH/USD quotes is a test of the trend line on the relative strength index (RSI). Cancellation of the option to reduce cryptocurrency will be a strong growth and a breakdown of 210. This will indicate a breakdown of the resistance area and continued growth of ETH/USD quotes above 230. With the breakdown of the support area and the closure of quotes below 190, we should expect confirmation of the bearish movement in Ethereum.
Ethereum forecast & technical analysis November 15, 2018 suggests an attempt to test the resistance area near the level of 200. Where should we expect a rebound and the continuation of the fall of the ETH/USD cryptocurrency to below 180. An additional signal in favor of Ethereum reduction is a test of the trend line on relative strength index (RSI). Cancellation of the option of falling digital currency will be the breakdown of area 210. This option will indicate continued growth with a potential target above the level of 230.
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