Monero prediction & analysis XMR/USD on September 28, 2017


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Monero XMR/USD is traded at the level of 94. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Monero. Expected to test the upper boundary of the Cloud of the indicator near the level of 92, from which it is expected to rebound and continue the growth of the cryptocurrency with the target near the level of 110.

Monero prediction & analysis XMR/USD on September 28, 2017

Monero prediction & analysis XMR/USD on September 28, 2017

An additional signal in favor of continuing the growth of quotations of the cryptocurrency will be a breakdown of the resistance level. Earlier, a weak signal was received for buy Monero cryptocurrency due to the crossing of signal lines at level 89. The cancellation of the variant of the growth of Monero quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 86, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD is with a breakdown level of 100.

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