Monero XMR/USD prediction & analysis on August 5, 2017


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Monero XMR/USD is trading at 43.33. Cryptocurrency continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of an bullish trend for Monero. Ichimoku Kinko Hyo Cloud is expected to test near the level of 42.30, from which it is expected to try to grow and further develop the bullish trend with the target of rising near the level of 48.30.

Monero XMR/USD prediction & analysis on August 5, 2017

Monero XMR/USD prediction & analysis on August 5, 2017

Earlier, a medium strength signal was obtained for buying of the Monero cryptocurrency, by crossing the signal lines at level 42.43. Cancellation of the variant of growth of quotations Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of ​​39.50, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for XMR/USD is with the breakdown of the local maximum area at the level of 47.10.


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One thought on “Monero XMR/USD prediction & analysis on August 5, 2017

  1. forget about Litecoin for now,is not a good time to INVEST, litecoin its still move slow ”,you have more chance to invest ,Monero

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