Ethereum ETH/USD is trading at 306.46. The Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in Ethereum. ETH/USD is expected to rise near 320.00, from which one should expect an attempt to drop and develop a bearish trend on Ethereum with a view to lower near the level of 265.00.
Ethereum ETH/USD prediction & analysis on June 26, 2017
Earlier, a weak signal was received for the sales of the Ethereum Crypto currency, due to the crossing of the signal lines at the level of 350.70. 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 quotations above the area of 355.00, 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 275.00.
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