Cryptocurrency Ethereum ETH/USD is trading at the level of 302.50. Quotes of the cryptocurrency continue to move within the bearish channel. At the moment, we expect to correction in the resistance area at 326, where again we should expect a drop in quotations Ethereum.
ETH/USD technical analysis & signals on June 22, 2017
The target of the decline is the support area at 275. In favor of falling quotations of the ETH/USD cryptocurrency, a tight test of the bearish resistance line will appear on the indicator of relative strength index (RSI). The cancellation of the drop in ETH/USD quotations will result in a strong growth and breakdown of the area of 350, which will indicate the continued growth of the cryptocurrency.
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