Cryptocurrency

Monero / Dollar may fall to 145.7 - 147.2

2024-10-11

152.9 is our pivot point.

Our preference

Eye 145.7.

Alternative scenario

Above 152.9, look for 155.4 and 156.9.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (151.6) but above its 50 period moving average (150.5).

Supports and resistances

156.9 **

155.4 *

152.9 **

151.9

150.9 last

147.2

145.7 **

144.2 *

142.7 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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