Monero / Dollar may fall to 141.1 - 142.7

148.3 is our pivot point.

Our preference

The downside prevails as long as 148.3 is resistance.

Alternative scenario

Above 148.3, look for 151 and 152.6.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 147 and 149.3).

Supports and resistances

152.6 **

151.0 *

148.3 **

147.2

146.1 last

142.7

141.1 **

139.5 *

137.9 **

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