Ethereum Classic ETC/USD is trading at the level of 20.97. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the area of 23.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 12.70. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ethereum Classic forecast & analysis on February 4, 2018 Earlier, we received a weak…
Author: forex24pro
Ethereum ETH/USD is traded at the level of 955. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 970 level is expected, from which we should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at 680. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the lower boundary of the bullish…
Litecoin LTC/USD is trading at 135. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo signal line area test is near the level 145, from which we expect a rebound and an attempt to continue the LTC/USD fall below 70. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test, as well as a test of the upper boundary of the channel. Litecoin forecast & analysis LTC/USD on February 4, 2018 Earlier, we received a weak signal for sell…
Monero XMR/USD is trading at 245. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Monero. Ichimoku Kinko Hyo signal line area test is near the 255 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 160. An additional signal in favor of the drop will be a resistance level test, as well as a test of the upper boundary of the bearish channel. Monero forecast & analysis XMR/USD on February 4, 2018 Earlier, a strong…
Ripple XRP/USD is trading at 0.93. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of the Ichimoku Kinko Hyo signal lines near the level of 0.95 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.45. An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Ripple forecast…
Zcash ZEC/USD is trading at the level of 360. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level 385, from which one should expect a rebound and attempt to continue falling with a target below the level of 250. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Zcash forecast & analysis ZEC/USD on…
Bitcoin Cash BCH/USD is traded at the level of 1250. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the level of 1350, from which it is expected to attempt a rebound and continue the fall with a target near 850. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Bitcoin Cash forecast & analysis on…
NEO NEO/USD is traded at the level of 125.60. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 135.00, from which one should expect a rebound and an attempt to continue falling with a target near 100.00. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. NEO forecast & analysis NEO/USD on February 4, 2018 Earlier, we received a weak signal for sell…
Litecoin LTC/USD are are traded at level 115 and continue to move within a bearish trend. At this point, we should expect a test of the resistance level near 120. Again, we expect a rebound and the continued decline in the Litecoin exchange rate with a target below 75. Litecoin forecast & technical analysis February 4, 2018 In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). The reversal of the fall option will be a strong growth and breakdown of the area 155, which will indicate the breakdown…
Ripple XRP/USD are traded at 0.83 and continue to move in a bearish trend. At the moment, we should expect a test of the resistance region near the 0.90 level and continue the fall into the area below 0.50. In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). Ripple forecast & technical analysis February 4, 2018 The abolition of the reduction option will be breakdown at the level of 1.20, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD to the area above the…