Monero XMR/USD is trading at 85. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test area of Ichimoku Kinko Hyo signal lines near level 87 is expected, from which we expect a rebound and the continued fall of the cryptocurrency with the target near level 80.
Monero prediction & analysis XMR/USD on October 11, 2017
Earlier, a strong signal was received for sell of Monero cryptocurrency, by crossing the signal lines at level 89. By canceling the variant of falling quotes Monero there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 92, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XMR/USD is at breakdown level 82.
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