Monero / Dollar may rise to 152.8 - 154.5

Our pivot point is at 146.7.

Our preference

Our next up target stands at 154.5.

Alternative scenario

The downside breakout of 146.7 would call for 143.9 and 142.3.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 146.9 and 149.3).

Supports and resistances

157.8 **

156.1 *

154.5 **

152.8

149.5 last

147.8

146.7 **

143.9 *

142.3 **

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