Monero XMR/USD is trading at the level of 119. 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 level 115 is expected to be tested near the level of 115, where we expect a rebound and continued growth of the cryptocurrency with a target at the level of 135.
Monero prediction & analysis XMR/USD on November 16, 2017
Earlier, we received a weak signal for buy of the Monero cryptocurrency, by crossing the signal lines at level 85. Cancellation of the variant of the growth of quotations Monero there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 100, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD is with a breakdown level of 130.
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