Ethereum forecast & analysis ETH/USD on December 24, 2017


Ethereum ETH/USD is traded at the level of 718. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 640 level is expected to test near the 640 level, from which it is expected to rebound and try to grow the cryptocurrency with the target at 900.

Ethereum forecast & analysis ETH/USD on December 24, 2017

Ethereum forecast & analysis ETH/USD on December 24, 2017

Earlier, a weak signal was received for the sell of Ethereum cryptocurrency, by crossing the signal lines at 735 level. breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of ​​600, which indicates a change in the flat trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing above the level of 770.


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