Monero XMR/USD is traded at the level of 371. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Monero. Ichimoku Kinko Hyo Cloud near the 355 level is expected to be tested near the level of 355, from which it is expected to rebound and try to drop the cryptocurrency with the target at 440.
Monero forecast & analysis XMR/USD on December 28, 2017
Earlier, a weak signal was received for buy of Montero cryptocurrency due to the crossing of signal lines at level 320. Cancellation of the variant of growth of quotations Monero there will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 315, which indicates the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD is with a breakdown level 410.
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