Monero / Dollar may fall to 145.3 - 146.8

Our pivot point stands at 152.1.

Our preference

The downside prevails as long as 152.1 is resistance.

Alternative scenario

Above 152.1, look for 154.6 and 156.1.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 150.1 and 150.1).

Supports and resistances

156.1 **

154.6 *

152.1 **

151.1

149.8 last

146.8

145.3 **

143.9 *

142.4 **

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