Monero / Dollar may rise to 158.9 - 160.5

152.8 is our pivot point.

Our preference

Rebound towards 160.5.

Alternative scenario

Below 152.8, expect 150.1 and 148.4.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 156.2 and 159.8).

Supports and resistances

163.8 **

162.1 *

160.5 **

158.9

155.5 last

153.9

152.8 **

150.1 *

148.4 **

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