Monero XMR/USD is trading at 41.10. The Ichimoku Cloud Kinko Hyo broke through the Crypto currency and began to trade below its lower limit, which indicates the presence of a bearish trend for Monero. The growth of quotations of XMR/USD to the level of 43.50 is expected, from which one should expect an attempt to drop and develop a bearish trend along the Monero with a view to falling near the level of 34.10.
Monero XMR/USD prediction & analysis on July 11, 2017
Earlier, we received a weak signal for sales of the Monero cryptocurrency, due to the crossing of the signal lines at the level of 45.20. Cancellation of the option of falling quotes Monero will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 46.60, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations for XMR/USD is with the breakdown of the local minimum area at 35.50.
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