Monero forecast & analysis XMR/USD on August 23, 2017


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Monero XMR/USD is trading at the level of 93. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. The lower border of the rising channel near the 90 area is expected and the development of the bullish trend continues near the level of 115.

Monero forecast & analysis XMR/USD on August 23, 2017

Monero forecast & analysis XMR/USD on August 23, 2017

Earlier, a strong signal was received for buying of the Monero cryptocurrency, by crossing the signal lines at level 62. Cancellation of the Monero quotation scenario will be a breakdown of the lower boundary of the Ichimoku Kinko Cloud Hyo with the closing of quotations below the area of ​​70, which indicates a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with a breakdown of the local maximum level with a close above the level of 100.


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One thought on “Monero forecast & analysis XMR/USD on August 23, 2017

  1. is not to late to jump on Monero it will climb up to $150 in three weeks .about Bitcoin” it will get back up next weeks$4,500.Litecoin i give it an others two weeks to be stable at $55.

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