Bitcoin Gold / Dollar may rise to 24.24 - 24.60

Our pivot point stands at 22.52.

Our preference

Our next up target stands at 24.60.

Alternative scenario

Below 22.52, expect 21.92 and 21.57.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.55 and 22.92).

Supports and resistances

25.33 **

24.97 *

24.60 **

24.24

23.37 last

22.76

22.52 **

21.92 *

21.57 **

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