Monero / Dollar may fall to 145.8 - 147.3

Our pivot point is at 152.4.

Our preference

Technical rebound towards 152.4 before a new drop.

Alternative scenario

Above 152.4, look for 154.9 and 156.4.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (149.3) but below its 50 period moving average (150.4).

Supports and resistances

156.4 **

154.9 *

152.4 **

151.4

150.3 last

147.3

145.8 **

144.3 *

142.8 **

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