Monero / Dollar may rise to 153.1 - 154.6

147.7 is our pivot point.

Our preference

As long as 147.7 is support look for 154.6.

Alternative scenario

Below 147.7, expect 145.2 and 143.8.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 149.7 and 149.6).

Supports and resistances

157.5 **

156.1 *

154.6 **

153.1

150.1 last

148.7

147.7 **

145.2 *

143.8 **

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