Monero XMR/USD is trading at the level of 162. 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 signal line area test is expected near the level 160, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at level 185.
Monero prediction & analysis XMR/USD on November 26, 2017
Earlier, a strong signal was received for buy of Monero cryptocurrency due to crossing of signal lines at level 121. Canceling the variant of growth of quotations Monero there will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 140, which will indicate the change of a bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above the level of 172.
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