Monero XMR/USD is trading at the level of 90. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. Ichimoku Kinko Hyo Cloud near the level 91 is expected to be tested near the level 91, 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 25, 2017
Earlier we received a weak signal for sales of the Monero cryptocurrency, by crossing the signal lines at level 94. Canceling the variant of the 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 quotes XMR/USD is worth a breakdown of the area 87.
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