Ethereum ETH/USD is traded at 285. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the level 290, from which one should expect a rebound and a fall attempt with a target at 265. Earlier, a weak signal was received for sell of the Ethereum cryptocurrency, by crossing the signal lines at level 332.
Ethereum prediction & analysis ETH/USD on October 24, 2017
By abolishing the Ethereum fall variant, the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 320, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ETH/USD is worth a breakdown of the support level and closing below 280.
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