Ethereum ETH/USD is traded at the level of 213.00. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near 202.00, from which one should expect an attempt to grow and develop the bull trend on Ethereum with a view to growth near the level of 279.00.
Ethereum ETH/USD prediction & analysis on July 24, 2017
Earlier, a strong signal was received for the purchases of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 206.80. The cancellation of the variant of the growth of 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 178.00, 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 263.00.
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