Analysis for 2020-06-26
Cardano (ADA) Ethereum ETH/USD is traded at 629. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near the area 585 is expected, from which we should expect a rebound and a growth attempt with a target at 780 level. Ethereum forecast & analysis ETH/USD May 16, 2024 An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a strong signal was received for buy of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 515.