Bitcoin Gold / Dollar may rise to 26.29 - 26.76

Our pivot point stands at 24.71.

Our preference

Rebound towards 26.76.

Alternative scenario

Below 24.71, expect 23.91 and 23.44.

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 above its 20 period moving average (25.32) but below its 50 period moving average (25.81).

Supports and resistances

27.71 **

27.23 *

26.76 **

26.29

25.33 last

25.02

24.71 **

23.91 *

23.44 **

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