Ethereum ETH/USD is traded at the level of 525. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 505 level is expected to be tested near the level of 505, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 600.
Ethereum forecast & analysis ETH/USD on December 13, 2017
An additional signal in favor of the growth of the cryptocurrency will be the support level test. A weak signal for buy Ethereum cryptocurrency was received earlier, signal lines at level 445. Canceling the variant of Ethereum growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 460, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD is with a breakdown of the level of 560.
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