Ethereum ETH/USD is trading at 393. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test near level 385 is expected, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with the target at level 430.
Ethereum prediction & analysis ETH/USD on November 24, 2017
Earlier, a strong signal was obtained for buy of Ethereum cryptocurrency due to intersection of the signal lines at level 307. By abolishing the growth variant Ethereum there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 340 that will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 405.
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