Monero XMR/USD is trading at the level of 129. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of the bullish trend for Monero. Ichimoku Kinko Hyo signal line area test is near the 123 level, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at level 145.
Monero prediction & analysis XMR/USD on November 20, 2017
Previously, a strong signal was received for buy of the Monero cryptocurrency, by crossing the signal lines at level 121. Canceling the variant of the 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 110, which will indicate the change of 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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