Monero / Dollar may rise to 153.4 - 154.9

148.2 is our pivot point.

Our preference

The upside prevails as long as 148.2 is support.

Alternative scenario

Below 148.2, expect 145.7 and 144.2.

Comment

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

Supports and resistances

157.9 **

156.4 *

154.9 **

153.4

150.2 last

149.2

148.2 **

145.7 *

144.2 **

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