Cryptocurrency Ethereum ETH/USD is trading at 238.55. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. ETH/USD is expected to rise close to 270.00, from which one should expect an attempt to drop and develop a bearish trend for Ethereum with a view to reducing near the level of 185.00.
Ethereum ETH/USD prediction & analysis on June 28, 2017
Earlier, a weak signal was received for the sales of the Ethereum cryptocurrency, 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 quotes above the 310.00 area, which indicates 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 200.00.
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