Monero / Dollar may rise to 157.3 - 159.0

Our pivot point is at 151.5.

Our preference

Rebound towards 159.0.

Alternative scenario

Below 151.5, expect 148.6 and 146.9.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 154.7 and 158.6).

Supports and resistances

162.4 **

160.7 *

159.0 **

157.3

153.7 last

152.6

151.5 **

148.6 *

146.9 **

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