Ethereum ETH/USD is trading at 123 and continues to move as part of a decline. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of an upward trend on Ethereum.
As part of the Ethereum prediction & analysis ETH/USD December 26, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 115. Where should we expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 160.
Ethereum prediction & analysis ETH/USD December 26, 2018
An additional signal in favor of the fall in cryptocurrency will be the test of the support area. As well as a rebound from the lower boundary of the rising channel. Earlier, a medium strength signal was received for BUY the Ethereum. The signal was formed due to the intersection of signal lines at 110.
The cancellation of the Ethereum cryptocurrency growth option will be a breakdown of the Ichimoku Kinko Hyo Cloud lower boundary and a closure below area 95. Such a scenario would indicate a change in the upward trend in favor of the downward trend and the continuation of the fall in cryptocurrency. ETH/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above the level of 145.
Ethereum prediction & analysis ETH/USD December 26, 2018 imply an attempt to develop a cryptocurrency correction and a test of level 115. Where to expect continued growth of Ethereum with a potential target near the level of 160. The decline and the breakdown of area 95 will cancel the growth option.
