Monero XMR/USD is trading at 43.81. Cryptocurrency continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of an bullish trend for Monero. Ichimoku Kinko Hyo Cloud is expected to test near the 42.00 level, from which it is expected to try to grow and develop the bullish Monero trend with a target to rising near the level of 50.00.
Monero XMR/USD prediction & analysis on July 10, 2017
Earlier, a weak signal was received for sales of Monero cryptocurrency, due to the crossing of signal lines at level 46.50. Cancellation of the variant of growth of quotations Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 40.50, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for XMR/USD is with a breakdown of the area of 45.00.
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