Bitcoin Gold / Dollar may rise to 28.37 - 28.88

Our pivot point is at 25.65.

Our preference

As long as 25.65 is support look for 28.88.

Alternative scenario

Below 25.65, expect 24.83 and 24.34.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 26.78 and 26.26).

Supports and resistances

29.90 **

29.39 *

28.88 **

28.37

27.22 last

25.98

25.65 **

24.83 *

24.34 **

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