Cryptocurrency Ethereum ETH/USD is traded at level 201. Quotes of the cryptocurrency will continue to move within the bearish channel, which implies a bearish trend in the Ethereum and the continuation of the fall. It is worth waiting for an attempt to test the upper border of the channel, as well as the resistance level near area 210.
Technical analysis & Ethereum forecast on July 13, 2017
Again, we should expect the continuation of the decline of quotations ETH/USD in the area below the level of 150. In favor of the fall Ethereum will perform a tight downlink resistance test on the indicator of relative strength index (RSI). The abolition of the fall option will be a breakdown of the area 245, which indicates the continued growth.
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