Monero prediction & analysis XMR/USD on October 17, 2017


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Monero XMR/USD is trading at the level of 95. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. A test of the Ichimoku Kinko Hyo signal line area near the level 93 is expected, from which we expect a rebound and the continued growth of the cryptocurrency with a target near level 105.

Monero prediction & analysis XMR/USD on October 17, 2017

Monero prediction & analysis XMR/USD on October 17, 2017

Earlier, a weak signal was received for buy of the Monero cryptocurrency, by crossing the signal lines at level 87. 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 91, 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 of the level of 97.

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