Monero XMR/USD is trading at the level of 38.95. Cryptocurrency continues to trade above the upper boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of an upward trend for Monero. The price of XMR/USD is expected to fall to the level of the Cloud’s upper boundary, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 50.
Monero XMR/USD prediction & analysis on July 27, 2017
Earlier, a weak signal was received for sales of Monero cryptocurrency, by crossing signal lines at level 41. Canceling option Growth of quotations Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below area 35, which indicates the 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 45.
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