Monero XMR/USD is trading at 48.34. It is expected to break the upper boundary of the Ichimoku Kinko Hyo Cloud and continue the development of the bullish trend with a target near level 53. Earlier, a weak signal was received for buying of the Monero cryptocurrency, by crossing the signal lines at 47.30.
Monero prediction & analysis XMR/USD on August 18, 2017
Cancellation of the variant of the growth of quotations Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 46.50, which indicates a change in the 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 50.
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