Monero XMR/USD is trading at the level of 92. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Monero. A test of the lower boundary of the indicator cloud is expected near the level of 93, from which we expect a rebound and the continued fall of the crypto currency with the target near level 75.
Monero prediction & analysis XMR/USD on September 27, 2017
Earlier, a weak signal was received for buy Monero cryptocurrency due to the crossing of signal lines at level 89. Cancellation of the Monero quotes the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 95, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XMR/USD is with the breakdown of the support level and closing below 80.
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