Monero / Dollar may rise to 153.0 - 154.7

Our pivot point stands at 147.1.

Our preference

Rebound towards 154.7.

Alternative scenario

Below 147.1, expect 144.3 and 142.6.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 149.8 and 150.2).

Supports and resistances

158.0 **

156.3 *

154.7 **

153.0

149.6 last

148.2

147.1 **

144.3 *

142.6 **

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