Ethereum ETH/USD is trading at 339. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. Expected to test the upper boundary of the Cloud of the indicator near the level of 320, from which we should expect a rebound and a growth attempt with a target at level 370.
Ethereum prediction & analysis ETH/USD on August 29, 2017
Earlier, a strong signal was received for buying of the Ethereum cryptocurrency, by crossing the signal lines at level 318. The abolition of the Ethereum growth scenario will be a breakdown of the lower boundary Clouds Ichimoku Kinko Hyo with the closing of quotes below area 305, which indicates the 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 area of 350.
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