Monero XMR/USD is traded at the level of 124. 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 signal line area test near level 117 is expected, from which we expect a rebound and the continued growth of the cryptocurrency with a target at 150.
Monero forecast & analysis XMR/USD on November 13, 2017
Earlier, we received a weak signal for buy of Montero cryptocurrency due to the crossing of signal lines at level 85. 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 quotations below area 95, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with a breakdown of the level of 135.
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