Monero may fall to 171.8 - 173.1
Our pivot point is at 177.3.
Our preference
The downside prevails as long as 177.3 is resistance.
Alternative scenario
The upside breakout of 177.3, would call for 179.5 and 180.7.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 177.5 and 175.8).
Supports and resistances
180.7 **
179.5 *
177.3 **
176.5
175.6 last
173.1
171.8 **
170.5 *
169.3 **
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