Ethereum ETH/USD is trading at 215.68. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The growth of quotations of ETH/USD to the level of 232.00 is expected, from which one should expect an attempt to drop and develop a bearish trend on Ethereum with a target to reducing near the level of 184.00.
Ethereum ETH/USD prediction & analysis on July 11, 2017
Earlier, a strong signal was received for the sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 263.90. The cancellation of the drop in Ethereum quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 270.00, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations on ETH/USD is with the breakdown of the local minimum area at 191.00.
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