Ethereum ETH/USD ends the trading week at 122 and continues to move as part of the decline. At the moment, we should expect an attempt to test the lower boundary of the channel near area 95. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 230.
Ethereum weekly forecast November 26 — 30, 2018
A test of the trend line on the relative strength index (RSI) will be in favor of the growth of ETH/USD quotes on the current trading week of November 26 — 30, 2018. Cancellation of the growth option will be the fall and breakdown of the level of 80. This will indicate the breakdown of the model border and the continuation of the decline of ETH/USD with a potential target below the level of 50. Confirmation of the growth of cryptocurrency Ethereum will break the resistance area and close the quotes above the level of 165.
Ethereum weekly forecast November 26 — 30, 2018 suggests an attempt to test the support area near the level of 95. Where should we expect a rebound and continued growth of cryptocurrency in the area above 230. An additional signal in favor of Ethereum growth will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the fall and the breakdown of the area 80. In this case, we should expect a continuation of the decline.