Monero XMR/USD is trading at the level of 158. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Monero. The Ichimoku Kinko Hyo signal line area test is expected near the 157 level, from which it is expected to rebound and continue the growth of the cryptocurrency with the target at level 195.
Monero prediction & analysis XMR/USD on November 27, 2017
Earlier, 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 the area of 140, which will indicate a change in 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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