Ethereum ETH/USD are traded at 327 and continue to move within the growth. At this point, we should expect a test of the support level near the area of 320. Again, we expect a rebound and the continued growth of the Ethereum with a target above 350.
ETHEREUM forecast & technical analysis November 16, 2017
In favor of the growth of ETH/USD quotations above the 350 level, a support line test on the relative strength indicator (RSI) will perform. The abolition of the growth option will be the fall and breakdown of the area 310, which will indicate the continuation of the fall of ETH/USD. Expect to accelerate growth is with the breakdown of the level of 340.
ETHEREUM forecast & technical analysis November 16, 2017 involves trying to test the support level near 320 and continuing growth to an area above 350 within the rebound from the support level, an additional signal for the growth of Ethereum will test the support line on the indicator of relative strength index (RSI).
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