Bitcoin Gold price upside capped at $81

Bitcoin Gold price upside capped at $81
Bitcoin Gold price analysis: BTG/USD bullish bias above $70.00; Co-founder Martin Kuvandzhiev to speak at COINNEST in Seoul, South Korea

Martin Kuvandzhiev to talk about the future of Bitcoin Gold and blockchain."Bitcoin Gold price upside capped at $81"
Bitcoin Gold price will face resistance from the moving averages, but $80 to offer stiffer resistance.
Bitcoin Gold price is down 2.26% in the last 24 hours on Monday 30. The price broke below the bullish trend line on the hourly chart forming a ranging channel with the upside capped at $81 and the downside at $69. Recently, the price tested $90 but failed to break above the resistance level.

Bitcoin Gold price upside capped at $81

The 7th COINNEST Association Meet-Up CAMUP is happening today, April 30 in Seoul, South Korea. The co-founder of Bitcoin Gold, Martin Kuvandzhiev is set to speak at the event. He will be talking about the future of Bitcoin Gold and the blockchain.

At the moment, BTG/USD is flirting with $74, there is a growing bullish momentum close to this level. For example, the moving averages (100 SMA and 200 SMA) gap is reducing to signal for more buying entries. Similarly, the RSI is beginning to point upwards to confirm the bullish momentum. On the upside, the price will experience resistance from the moving averages, but $80 level will offer stiff resistance. The immediate support is at $72, however, $65, will support the price below $70.00 level.


Bitcoin Gold price upside capped at $81 Bitcoin Gold price upside capped at $81 Reviewed by mir khaleq ali on April 30, 2018 Rating: 5

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