Monero forecast & analysis XMR/USD on September 23, 2017


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Monero XMR/USD is trading at 88. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. A test of the lower boundary of the Cloud of the indicator near the level of 90 is expected, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 70.

Monero forecast & analysis XMR/USD on September 23, 2017

Monero forecast & analysis XMR/USD on September 23, 2017

Earlier, a signal of medium strength was obtained for sale of the Montero cryptocurrency, by crossing the signal lines at the level of 94. Cancellation of the variant of the Monero quotes the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 105, which indicates the change of the bearish trend in favor of the bullish. Expect to accelerate the fall in quotations XMR/USD is worth a breakdown level of 85.

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