Monero / Dollar may fall to 143.8 - 145.5

Our pivot point stands at 151.3.

Our preference

Technical rebound towards 151.3 before a new drop.

Alternative scenario

The upside breakout of 151.3, would call for 154.1 and 155.7.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (147.2) but below its 50 period moving average (149.3).

Supports and resistances

155.7 **

154.1 *

151.3 **

150.2

148.8 last

145.5

143.8 **

142.2 *

140.5 **

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