Monero XMR/USD is trading at the level of 42.19. 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 trend for Monero with a target to growth near the level of 50.00.
Monero XMR/USD prediction & analysis on July 9, 2017
Earlier, a weak signal was received for sales of Montero’s 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 worth a breakdown of the region of 47.50.
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