Monero XMR/USD is trading at level 113. The currency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. A test of the lower boundary is expected. The cloud of the indicator near level 115, from which one should expect a rebound and a fall with a target near the level of 90.
Monero forecast & analysis XMR/USD on September 13, 2017
Earlier, a signal of medium strength was obtained for sales of Monero cryptocurrency, by crossing the signal lines at level 118. Cancellation of the variant of the quotations of Monero will be a breakdown the Ichimoku Kinko Hyo Cloud borders with the closing of quotes above the area of 125, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes XMR/USD and continue the bearish trend is with the breakdown of the support level and closing below 100.
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