Binance Coin / Dollar may rise to 526.7 - 532.8

Our pivot point stands at 500.7.

Our preference

Rebound towards 532.8.

Alternative scenario

Below 500.7, expect 490.5 and 484.4.

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 (510.6) but below its 50 period moving average (517.9).

Supports and resistances

545.1 **

539.0 *

532.8 **

526.7

512.5 last

504.7

500.7 **

490.5 *

484.4 **

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