Ethereum forecast for today 28 September 2018

Right now, at the time of writing the forecast of the Ethereum exchange rate on 28.09.2018, the ETH/USB quotes are at the level of 230.

Despite the growth of the Ether rate in previous days, the Ethereum rate is still inside the Ichimoku cloud. That suggests a sideways trend for the cryptocurrency. Signal lines of the Ichimoku indicator also did not change their direction, despite the convergence. The red fast signal line is still below the blue slow.

Ethereum forecast for today 28 September 2018

The resistance level is the upper limit of the Ichimoku cloud (235). In the case of a breakthrough, before the quotes Ethereum will open the way to around 250.

Support level for EUR/USD 200. This is the previous minimum price of the cryptocurrency pair. Also, the support level is the lower boundary of the Ichimoku cloud, at 225.

We assume that today on September 28, the rate of Ethereum will decline.

Thus, the Ethereum forecast for September 28 suggests a decline in the EUR/USD rate in the area of support levels.