Monero / Dollar may rise to 158.2 - 159.8

153.0 is our pivot point.

Our preference

The upside prevails as long as 153 is support.

Alternative scenario

Below 153.0, expect 150.4 and 148.8.

Comment

The RSI is above 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 154.4 and 153.5).

Supports and resistances

162.9 **

161.3 *

159.8 **

158.2

155.0 last

154.0

153.0 **

150.4 *

148.8 **

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