Monero / Dollar may rise to 160.3 - 162.0

154.3 is our pivot point.

Our preference

Rebound towards 162.0.

Alternative scenario

Below 154.3, expect 151.4 and 149.7.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (156.7) but below its 50 period moving average (158.4).

Supports and resistances

165.5 **

163.8 *

162.0 **

160.3

156.8 last

155.5

154.3 **

151.4 *

149.7 **

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