Ethereum Classic ETC/USD is trading at the level of 14.28. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of 14.05, from where it is worth to expect a rebound and growth attempt with the target near the 16.00 level.
Ethereum Classic prediction & analysis on August 24, 2017
Earlier, a weak signal was received for purchases of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 13.40. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 13.40, which indicates the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is with the breakdown of the level of 15.00.
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