Monero prediction & analysis XMR/USD on August 16, 2017


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Monero XMR/USD is trading at 46.44. Cryptocurrency is trading below the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates a change in the trend in favor of the bearish Monero. Will test the breached border clouds Ichimoku Kinko Hyo near the level of 47.50, where we can expect an attempt to drop and further development of the bearish trend for the purpose near the level 42.

Monero prediction & analysis XMR/USD on August 16, 2017

Monero prediction & analysis XMR/USD on August 16, 2017

Previously received a weak signal for cryptocurrency sales Monero, due to the crossing of the signal lines at the level of 50. Cancellation option fall Quotes Monero will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of ​​50, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XMR/USD is with the breakdown of the support area and closing below the level of 44.50.


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