Monero XMR/USD is trading at 367. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend on the Monero. Ichimoku Kinko Hyo Cloud near the 360 level is expected to be tested near the 360 level, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at level 445. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Monero forecast & analysis XMR/USD on January 13, 2018
Earlier, a weak signal was received for sell of the Montero cryptocurrency, due to the crossing of the signal lines at the level of 380. Cancellation of the variant of growth of quotations Monero will become a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 325, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with the breakdown of the upper boundary of the indicator Cloud and the closing is above 400.