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. Ichimoku Kinko Hyo indicator cloud is expected near the level of 90, from which we expect a rebound and the continued fall of the cryptocurrency with a target near the level of 85.
Monero prediction & analysis XMR/USD on October 10, 2017
Earlier, a strong signal was received for sales of the Monero cryptocurrency, by crossing the signal lines at level 89. By canceling the variant of the quotes drop Monero will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 92, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XMR/USD is at breakdown level 86.
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