Monero / Dollar may rise to 158.2 - 159.9

Our pivot point stands at 151.7.

Our preference

Rebound towards 159.9.

Alternative scenario

Below 151.7, expect 148.8 and 147.1.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 154.6 and 155.8).

Supports and resistances

163.3 **

161.6 *

159.9 **

158.2

154.2 last

152.8

151.7 **

148.8 *

147.1 **

Number of asterisks represents the strength of support and resistance levels.