Monero XMR/USD is trading at the level of 108. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. A test of the lower boundary is expected. The cloud of the indicator near the level 112, from which we should expect a rebound and a fall with the target near level 80.
Monero prediction & analysis XMR/USD on September 14, 2017
Earlier, we received a signal of medium strength for sales of the Monero cryptocurrency, by crossing the signal lines at level 118. Cancellation of the variant of the Monero quotes’ the Ichimoku Kinko Hyo Cloud borders with the closing of quotes above the area of 120, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes XMR/USD and continue the bearish trend is with the breakdown of the support level and closing below 100.
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