Ethereum ETH/USD is trading at 213. The currency continues to trade above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. ETH/USD is expected to drop to 205, from which it is expected to attempt an increase and development of the bull trend on Ethereum with a target near the level of 285.
Ethereum ETH/USD prediction & analysis on July 23, 2017
Earlier, a weak signal was received for buying of the Ethereum cryptocurrency, due to the crossing of signal lines at level 165. Canceling the growth of quotations Ethereum will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 185, which will indicate a shift in the bullish trend in favor of a bearish trend. To expect the acceleration of the growth of quotations on ETH/USD stands with the breakdown of the local maximum area at the level of 260.
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