Monero XMR/USD is trading at 333. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo Cloud near the level 340 is expected to be tested near the level of 340, from which we expect a rebound and an attempt to drop the crypto currency with a target at the level of 260. Earlier we received a weak signal for buy of the Monero cryptocurrency, by crossing the signal lines at 320 level.
Monero forecast & analysis XMR/USD on December 29, 2017
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 355, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XMR/USD is worth a breakdown of the level of 275.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
