Monero XMR/USD is trading at level 117. The currency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Monero. A test of the lower boundary of the Cloud of the indicator near the level 115 is expected, from which we should expect a rebound and growth with the target near the level of 135. An additional signal in favor of the growth of the cryptocurrency will be a test of the support area.
Monero prediction & analysis XMR/USD on September 5, 2017
Earlier, a weak signal was received for sales of the Monero cryptocurrency, by crossing the signal lines at the level of 132. Canceling the variant of the growth of the Monero quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 110, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations XMR/USD and the continuation of the bullish trend is with the breakdown of the level of the upper boundary of the indicator cloud with a close above the level of 145.
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