Monero / Dollar may rise to 147.8 - 149.5

141.7 is our pivot point.

Our preference

The upside prevails as long as 141.7 is support.

Alternative scenario

The downside breakout of 141.7 would call for 138.9 and 137.2.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 142.7 and 142.8).

Supports and resistances

152.9 **

151.2 *

149.5 **

147.8

144.2 last

142.8

141.7 **

138.9 *

137.2 **

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