Monero / Dollar may rise to 153.1 - 154.6

Our pivot point stands at 148.0.

Our preference

Rebound towards 154.6.

Alternative scenario

Below 148.0, expect 145.5 and 144.0.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 150.2 and 151).

Supports and resistances

157.6 **

156.1 *

154.6 **

153.1

150.1 last

149.0

148.0 **

145.5 *

144.0 **

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