ETHEREUM ETH/USD is traded at 197 level. Currency are traded below the moving average with a period of 55, which indicates a bearish trend for ETHEREUM. At the moment, quotations ETHEREUM test the lower boundary of the bands of the indicator Bollinger Bands. Expected to test moving average at 205, where once again we can expect an attempt to continue falling and the further development of the bearish trend for the target cryptocurrency ETHEREUM fall near the level of 160.
ETHEREUM forecast & analysis ETH/USD on July 27, 2017
Conservative ETHEREUM area for sale located near the middle Bollinger Bands indicator strips border at 210. Cancellation of the option to continue drop ETH/USD cryptocurrency will breakdown region of the upper Bollinger bands boundary indicator strips and the moving average to the level 55 and above the closing quotation ETHEREUM field 230 that indicates to change the trend in favor of the ETH/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency into the area below the level of 160.
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