Monero XMR/USD is traded at the level of 186. 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 upper limit test is expected near the level 184, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at level 215.
Monero prediction & analysis XMR/USD on December 3, 2017
Previously, a strong signal was received for buy of the Monero cryptocurrency, by crossing the signal lines at the level of 178. By canceling the variant of the Monero quotes growth the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 165, which indicates the shift of the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with a breakdown of the level of 195.
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