Ethereum Classic ETC/USD is trading at the level of 10.05. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 10.80 is expected, from which it is expected to attempt a rebound and further fall with a target near the level of 9.15.
Ethereum Classic prediction & analysis on October 24, 2017
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 11.65. 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 close above the area of 11.50, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of the fall of ETC/USD is worth a breakdown of the level of 9.50.