Monero XMR/USD is traded at the level of 309. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Monero. A test of the Ichimoku Kinko Hyo signal line area near level 285 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target at level 370.
Monero forecast & analysis XMR/USD on December 15, 2017
Earlier, a signal of medium strength was obtained for buy of the Monero cryptocurrency, by crossing the signal lines at 240 level. quotes Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 245, which indicates the change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD is with a breakdown level of 330.
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