Cryptocurrency Ethereum continues to move within the formation of the «Triangle» model. At the time of the publication of the forecast, the cost of Ethereum to the US Dollar is 137.58. At the moment, we should expect an attempt to fall and a test of the support level near the area of 136.55. Then a rebound and continued growth of cryptocurrency in the region above the level of 152.00.
Ethereum price prediction March 22, 2019
In favor of lifting the ETH/USD quotes, a test of the upward support line on the relative strength index (RSI) will be made. The second signal will be a rebound from the lower boundary of the model «Triangle». Cancellation option growth rate Ethereum March 21, 2019 will fall and the breakdown level 131.45. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall in the quotes of the digital asset ETH/USD to the area below the level of 120.00. Confirmation of growth will be the breakdown of the upper boundary of the rising channel and closing above the level of 142.00.
Ethereum price prediction March 22, 2019 imply an attempt to test the support level near the area of 136.55. Where can we expect a rebound and the continuation of the growth rate of Ethereum with a goal above the level of 152.00. An additional signal in favor of lifting will be the test of the support line on the relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and closing quotes below 131.45.