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 136.12. At the moment, we should expect an attempt to fall and a test of the support level near the area of 133.45. Then the rebound and the continued growth of cryptocurrency in the region above 148.00.
Ethereum price prediction March 24, 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 bottom of the channel. Cancellation option growth rate Ethereum March 24, 2019 will fall and the breakdown level of 129.65. This will indicate a breakdown of the lower boundary of the channel and the continuation of the drop in the ETH/USD digital asset quotes to the area below 120.00. The growth will be confirmed by the breakdown of the upper boundary of the ascending channel and closing above the level of 149.50.
Ethereum price prediction March 24, 2019 imply an attempt to test the support level near 133.45. Where should we expect a rebound and the continuation of the growth rate of Ethereum with a goal above 148.00. 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 of quotations below the level of 129.65.