Monero XMR/USD is trading at the level of 165. Cryptocurrency continues to move within the bullish trend. At the moment, we expect Monero correction in the support area at the level of 157. Then the rebound and the continuation of the growth of XMR/USD are above the level of 195.
Monero (XMR/USD) forecast for today November 24, 2017
A strong signal for the growth of the cryptocurrency will be a test of the support line on the indicator Stochastic. The conservative area for buy is near the level of 140. The abolition of the variant of Monero growth will be a breakdown of the level of the lower moving average and the closing below the level of 120, which indicates the continuation of the decline in the cryptocurrency and the likely change in the trend in favor of the bearish trend.
Monero (XMR/USD) forecast for today November 24, 2017 involves trying to test the support level near 158 and continuing growth in the area above the 195 level, an additional signal in favor of Monero growth will be a test of the support line on the Stochastic indicator.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
