Monero XMR/USD is traded at the level of 164. 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 160 level is expected to be tested near the level of 160, from which we expect a rebound and the continued growth of the cryptocurrency with a target at the level of 195.
Monero prediction & analysis XMR/USD on November 28, 2017
Earlier, we received a weak signal for sell of the Monero cryptocurrency, by crossing the signal lines at level 161. Canceling 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 area 145, which will indicate a shift in the 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 171.
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