Ethereum Classic ETC/USD is trading at 24.91. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. A level 24.50 test is expected, from which it is expected to attempt a rebound and continue growth with the target close to level 31.50.
Ethereum Classic prediction & analysis on December 1, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support line. Earlier, we received a weak signal for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 26.50. 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 closure below the area of 22.00, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETC/USD stands with a breakdown of 27.50 level.
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