Monero / Dollar may rise to 153.3 - 154.7

148.3 is our pivot point.

Our preference

The upside prevails as long as 148.3 is support.

Alternative scenario

The downside breakout of 148.3 would call for 145.8 and 144.3.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 150 and 150).

Supports and resistances

157.7 **

156.2 *

154.7 **

153.3

150.3 last

149.2

148.3 **

145.8 *

144.3 **

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