Ethereum Classic ETC/USD is trading at 33.32. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to be tested near the area of 34.00, from where it is worth to expect a rebound attempt and continue falling with the target near the level of 26.00.
Ethereum Classic forecast & analysis on February 25, 2018
Earlier, a weak signal was received for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 32.50. The cancellation of the drop in Ethereum Classic quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a closing below the 36.00 area, which indicates a change in the flat trend in favor of the bullish trend. Expect to accelerate the fall in quotes ETC/USD stands with the breakdown of the lower boundary of the indicator Cloud and the closing below the level of 29.50.
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