Ethereum Classic ETC/USD is trading at the level of 14.11. Cryptocurrency was able to penetrate the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates a change in the trend in favor of the bearish Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test near the level of 14.90, and continue the fall with a target below the level of 12.20.
Ethereum Classic prediction & analysis on July 26, 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 15.70. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 16.00, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of falling quotations on ETC/USD stands with the breakdown of the local minimum area at the level of 13.50.
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