Monero / Dollar may rise to 151.7 - 153.2

Our pivot point is at 146.3.

Our preference

Rebound towards 153.2.

Alternative scenario

The downside breakout of 146.3 would call for 143.9 and 142.4.

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 148.7 and 149.6).

Supports and resistances

156.2 **

154.7 *

153.2 **

151.7

148.5 last

147.3

146.3 **

143.9 *

142.4 **

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