Ethereum ETH/USD is trading at 128 and continues to move as part of growth. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of an upward trend on Ethereum. As part of the Ethereum prediction & analysis ETH/USD December 24, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 120. Where should we expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 155.
Ethereum prediction & analysis ETH/USD December 24, 2018
An additional signal in favor of the fall in cryptocurrency will be the test of the support area. As well as a rebound from the lower boundary of the rising channel. Earlier, a medium strength signal was received for Ethereum cryptocurrency purchases. The signal was formed due to the crossing of signal lines at 110.
The cancellation of the growth option of Ethereum cryptocurrency will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closure below area 105. This scenario will indicate a change in the bullish trend in favor of the bearish trend and the continuation of the fall in cryptocurrency. ETH/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above the level of 135.
Ethereum prediction & analysis ETH/USD December 24, 2018 imply an attempt to develop a cryptocurrency correction and a test of level 120. Where should we expect further growth of Ethereum with a potential target near the level of 155. The decline of the growth option will be a fall and a breakdown of the area 105. This will indicate continued depreciation of the digital currency.
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