Monero / Dollar may rise to 182.4 - 184.4

174.8 is our pivot point.

Our preference

The upside prevails as long as 174.8 is support.

Alternative scenario

Below 174.8, expect 171.4 and 169.3.

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 trading above both its 20 and 50 period moving average (respectively at 176.6 and 175.1).

Supports and resistances

188.6 **

186.5 *

184.4 **

182.4

177.7 last

176.2

174.8 **

171.4 *

169.3 **

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