Monero / Dollar may rise to 184.0 - 186.0

Our pivot point is at 176.0.

Our preference

As long as 176 is support look for 186.

Alternative scenario

Below 176.0, expect 172.7 and 170.7.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 178.6 and 174.6).

Supports and resistances

190.0 **

188.0 *

186.0 **

184.0

179.2 last

177.3

176.0 **

172.7 *

170.7 **

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