ETHEREUM ETH/USD is trading at 323.27. Quotes of the cryptoccurrency 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 average boundary stripes indicator Bollinger Bands. A minor correction is expected near the 331 level, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM cryptocurrency with the target of falling near the level of 260.
ETHEREUM forecast & trading signals on June 24, 2017
The conservative sales area ETHEREUM is located near the upper boundary of the Bollinger Bands indicator strip at 356.00. The abolition of the continuation of the fall of the ETH/USD crypto currency will be the breakdown of the upper range of the Bollinger Bands indicator bands, as well as the moving average with the level of 55 and the closing of quotations ETHEREUM above the 370 area, which indicates a change in the trend in favor of the bearish ETH/USD. In the event of a breakdown of the lower boundary of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency into the area above the level of 260.
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