Monero / Dollar may rise to 155.4 - 156.9

150.0 is our pivot point.

Our preference

The upside prevails as long as 150 is support.

Alternative scenario

Below 150.0, expect 147.4 and 145.9.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 150.6 and 151).

Supports and resistances

159.9 **

158.4 *

156.9 **

155.4

152.2 last

151.0

150.0 **

147.4 *

145.9 **

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