Monero / Dollar may rise to 183.4 - 195.6

142.8 is our pivot point.

Our preference

Rebound towards 195.6.

Alternative scenario

The downside breakout of 142.8 would call for 122.3 and 110.1.

Comment

The RSI is below 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 160.3 and 162.2).

Supports and resistances

220.0 **

207.8 *

195.6 **

183.4

158.9 last

150.8

142.8 **

122.3 *

110.1 **

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