Monero / Dollar may rise to 153.0 - 154.6

Our pivot point stands at 147.4.

Our preference

Rebound towards 154.6.

Alternative scenario

The downside breakout of 147.4 would call for 144.6 and 143.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 149.7 and 150.1).

Supports and resistances

158.0 **

156.3 *

154.6 **

153.0

149.6 last

148.5

147.4 **

144.6 *

143.0 **

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