Monero / Dollar may fall to 172.9 - 174.2
Our pivot point stands at 178.9.
Our preference
The downside prevails as long as 178.9 is resistance.
Alternative scenario
The upside breakout of 178.9, would call for 180.9 and 182.1.
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 is trading under both its 20 and 50 period moving average (respectively at 178.2 and 177.2).
