Bitcoin Gold / Dollar may rise to 24.69 - 25.13

23.08 is our pivot point.

Our preference

Rebound towards 25.13.

Alternative scenario

The downside breakout of 23.08 would call for 22.33 and 21.89.

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 is trading above its 20 period moving average (23.70) but under its 50 period moving average (23.93).

Supports and resistances

26.02 **

25.58 *

25.13 **

24.69

23.71 last

23.37

23.08 **

22.33 *

21.89 **

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