Monero / Dollar may rise to 151.7 - 153.4

Our pivot point stands at 144.8.

Our preference

The upside prevails as long as 144.8 is support.

Alternative scenario

Below 144.8, expect 141.9 and 140.2.

Comment

The RSI is above its neutrality area at 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 146.7 and 146).

Supports and resistances

156.9 **

155.2 *

153.4 **

151.7

147.7 last

145.9

144.8 **

141.9 *

140.2 **

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