Monero / Dollar may rise to 152.6 - 154.1

Our pivot point stands at 147.3.

Our preference

As long as 147.3 is support look for 154.1.

Alternative scenario

Below 147.3, expect 144.8 and 143.3.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 149.5 and 147.6).

Supports and resistances

157.0 **

155.5 *

154.1 **

152.6

149.6 last

148.3

147.3 **

144.8 *

143.3 **

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