Monero prediction & analysis XMR/USD on October 5, 2017


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Monero XMR/USD is trading at the level of 87. Cryptocurrency is trading below the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Monero. A test of the signal line area is expected. Ichimoku Kinko Hyo indicator cloud near level 90, where we expect a rebound and the continued fall of the cryptocurrency with a target close to level 75.

Monero prediction & analysis XMR/USD on October 5, 2017

Monero prediction & analysis XMR/USD on October 5, 2017

Earlier we received a weak signal for sell of the Monero cryptocurrency, by crossing the signal lines at level 89. Cancellation the fall variant 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 ​​100, which indicates 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 level of 85.

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