Monero XMR/USD is trading at the level of 47.07. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. The price of XMR/USD is expected to drop to the level of 45.40, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near level 54. Earlier, a signal of average strength for buying of Montero cryptocurrency was obtained, due to crossing of signal lines at the level of 42.40.
Monero XMR/USD prediction & analysis on August 8, 2017
An additional signal in favor of the bullish trend will be a test of the support area. 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 41.00, which indicates the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for XMR/USD is the breakdown of the local maximum area at the level of 50.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
