Monero / Dollar may rise to 154.3 - 156.0

Our pivot point stands at 147.9.

Our preference

The upside prevails as long as 147.9 is support.

Alternative scenario

Below 147.9, expect 145.1 and 143.4.

Comment

The RSI is above its neutrality area at 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 149 and 149).

Supports and resistances

159.4 **

157.7 *

156.0 **

154.3

150.9 last

149.0

147.9 **

145.1 *

143.4 **

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