Monero XMR/USD is trading at the level of 135. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend in Monero. Ichimoku Kinko Hyo signal line area test near the 132 level is expected, from which it is expected to rebound and continue the growth of the cryptocurrency with a target at the level of 155. An additional signal in favor of the growth of the cryptocurrency will be an uptrend line test.
Monero prediction & analysis XMR/USD on November 22, 2017
Earlier, a strong signal was received for buy of the Monero cryptocurrency, due to the crossing of the signal lines at level 121. Cancellation of the variant of the growth of the Monero quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 110, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with a breakdown level 145.
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