Monero XMR/USD is trading at 48.43. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend on the Monero. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 47.60, from where it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 49.60.
Monero forecast & analysis XMR/USD on August 15, 2017
Earlier, a weak signal was received for sales of Monero cryptocurrency, due to the crossing of signal lines at the level of 49.50. To consider the sale of Monero stands with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes below the level of 46.60, in the case of breaking the upper boundary of the Ichimoku Kinko Hyo Cloud, one should expect the continuation of the bullish trend development according to XMR/USD.
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