Ethereum Classic ETC/USD is trading at the level of 15.62. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the level of 16.00, where it is expected to continue the decline of the cryptocurrency quotes for the target of falling near the level of 13.25.
Ethereum Classic prediction & analysis on July 10, 2017
Earlier, a medium strength signal was received for sales of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 17.05. The cancellation of the decline of quotations will result in strong growth and breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the level of 17.30. Expect to accelerate the fall is with the breakdown of the local minimum area at the level of 14.25.
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