Bitcoin Gold / Dollar may rise to 24.11 - 24.48

Our pivot point stands at 22.72.

Our preference

As long as 22.72 is support look for 24.48.

Alternative scenario

Below 22.72, expect 22.11 and 21.75.

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 trading under its 20 period moving average (23.43) but above its 50 period moving average (23.04).

Supports and resistances

25.20 **

24.84 *

24.48 **

24.11

23.37 last

22.95

22.72 **

22.11 *

21.75 **

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