Ethereum ETH/USD is trading at 215.10. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the 201.00 level, from which one should expect an attempt to grow and develop the bull trend on Ethereum with the target of growth near the level of 265.00.
Ethereum ETH/USD prediction & analysis on July 25, 2017
Earlier, a strong signal was received for the buying of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 206.80. The cancellation of the growth scenario for Ethereum quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 180.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for ETH/USD is with the breakdown of the local maximum area at 255.00.
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