Ethereum ETH/USD is trading at the level of 232.50. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The Ichimoku Kinko Hyo Cloud signal line is expected near the level of 255.00, from where it is expected to continue the decline in the price of the cryptocurrency to fall near the level of 185.
Ethereum ETH/USD prediction & analysis on July 9, 2017
Earlier, a strong signal was received for sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 265.00. The cancellation of the option to lower the quotations will be strong growth and breakdown of the upper limit of Ichimoku Kinko Hyo with a close above the level of 280, which will indicate a change in the trend in favor of an bullish in ETH/USD. Expect to accelerate the fall of the cryptocurrency is the breakdown of the area 205.
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