Monero / Dollar may rise to 149.8 - 151.5

Our pivot point stands at 143.7.

Our preference

As long as 143.7 is support look for 151.5.

Alternative scenario

The downside breakout of 143.7 would call for 140.9 and 139.2.

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 145.3 and 143).

Supports and resistances

154.9 **

153.2 *

151.5 **

149.8

146.3 last

144.9

143.7 **

140.9 *

139.2 **

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