Monero XMR/USD is trading at the level of 94. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Monero. Ichimoku Kinko Hyo indicator area signal lines are expected near the area of 88 and the development of the bullish trend continues near the level of 115.
Monero prediction & analysis XMR/USD on August 24, 2017
Earlier, a strong signal was received for buying of the Monero cryptocurrency, by crossing the signal lines at level 62. Cancellation of the variant of Monero quotes growth will be a breakdown of the lower The Ichimoku Kinko Hyo Cloud borders with the closing of quotes below the area of 70, which indicates a change of 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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