Monero XMR/USD is trading at 84. Cryptocurrency is trading 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 85 is expected, from which we should expect a rebound and the continued fall of the cryptocurrency with the target near level 80.
Monero prediction & analysis XMR/USD on October 24, 2017
Earlier we received a weak signal for sell of Monero cryptocurrency, by crossing the signal lines at level 94. By canceling the variant of falling quotes Monero there will be a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes above area 95, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XMR/USD is worth a breakdown of the area 84.
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