Binance Coin / Dollar may rise to 639.2 - 645.8

607.7 is our pivot point.

Our preference

Rise to 645.8.

Alternative scenario

Below 607.7, expect 596.7 and 590.1.

Comment

The RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 616 and 615.3).

Supports and resistances

659.1 **

652.5 *

645.8 **

639.2

617.2 last

612.0

607.7 **

596.7 *

590.1 **

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