Monero / Dollar may rise to 142.1 - 143.8

136.5 is our pivot point.

Our preference

The upside prevails as long as 136.5 is support.

Alternative scenario

Below 136.5, expect 133.6 and 131.9.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 138 and 138.1).

Supports and resistances

147.2 **

145.5 *

143.8 **

142.1

138.7 last

137.6

136.5 **

133.6 *

131.9 **

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