Monero / Dollar may rise to 150.5 - 152.2

Our pivot point is at 144.2.

Our preference

The upside prevails as long as 144.2 is support.

Alternative scenario

The downside breakout of 144.2 would call for 141.3 and 139.6.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 145.4 and 145.7).

Supports and resistances

155.7 **

154.0 *

152.2 **

150.5

146.9 last

145.3

144.2 **

141.3 *

139.6 **

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