Ethereum ETH/USD is trading at 199.70. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 188.00, from which one should expect an attempt to grow and develop the bull tendency on Ethereum for the target of growth near the level of 245.00.
Ethereum ETH/USD prediction & analysis on July 21, 2017
Earlier, a weak signal was received for buying of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 165.70. Cancellation of the growth scenario of quotations Ethereum will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 168.00, which indicates the 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 235.00.
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