Monero / Dollar may fall to 147.3 - 148.9

154.5 is our pivot point.

Our preference

The downside prevails as long as 154.5 is resistance.

Alternative scenario

Above 154.5, look for 157.1 and 158.6.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 153 and 152.7).

Supports and resistances

158.6 **

157.1 *

154.5 **

153.5

152.1 last

148.9

147.3 **

145.8 *

144.3 **

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