Monero XMR/USD is trading at 47.34. Cryptocurrency continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of an bullish trend for Monero. The price of XMR/USD is expected to close near the level of 45.10, where we can expect an attempt to grow and develop the bullish trend for Monero with a view to growth near the level of 52.50.
Monero XMR/USD prediction & analysis on July 7, 2017
Earlier, a weak signal was received for buying of the Monero cryptocurrency, due to the crossing of the signal lines at the level of 41.60. 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 39.90, which indicates the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for XMR/USD is with the breakdown of the local maximum area at the level of 51.60.
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