Ethereum ETH/USD is trading at 415. Cryptocurrency continues to move within the bullish trend. At this point, we expect Ethereum correction in the support area at 395. Further, the rebound and the continuation of the growth of ETH/USD are above 465. A test of the support line on the Stochastic indicator will be a strong signal in favor of the growth of the cryptocurrency.
Ethereum (ETH/USD) forecast for today November 24, 2017
The conservative area for buy is located near level 345. Cancellation of the Ethereum growth option will be a breakdown of the level of the lower moving average and a close below 325, which indicates a continued decline in the cryptocurrency and the likely trend reversal in favor of the downside.
Ethereum (ETH/USD) forecast for today November 24, 2017 involves trying to test the support level near 395 and continuing growth in the area above the level of 465, an additional signal for the growth of the Ethereum rate will be an bullish trend line test on the Stochastic indicator.
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