Bitcoin Gold price movement has shown great potential over the last 30 days. The currency was trading around $7 during the opening period, and now the coin is floating around $9.29. The improvement was substantial until the first half. The second half has shown a slight plunge along with stagnant movement above $9.
Bitcoin Gold Price Analysis
BTG price was trading at $7.05 on March 29, and then, it corrected downwards and dropped to $6.60 on the next day, but then, it recovered to $7.5 on the last day of March. The ongoing month started with positive indications as on April 02, the price of Bitcoin Gold touched $8. However, immediately it fell to $7.4 and hovered around the same level till April 06. Later, the currency again marked escalation, and this time, the price touched $8.28. With a slight plunge to $7.77, the coin spiked to $10.36. The same reshuffled the 30-days high price.
Further, Bitcoin Gold’s price was followed by a steep fall to $8.45. The next 3 days brought heavy escalation in the price, and then it touched $10.57. The coin again reshuffled the 30-days high price and set a new at the same. With a few spikes around $10.50, the BTG coin price kept hovering around $10 till April 20. Later, the coin reflected a moderate plunge to $8.66. Later, the price improved to $9.33 on April 24, and then, it continued to trade at the same level till today.
The current price of Bitcoin Gold is $9.29, and it holds support from its 20-day MA at $9.29. The MACD indicator reflects bullish crossover; however, the MACD & Signal lines are below zero line. As per Bitcoin Gold price forecast, the current trend and technical indicators, the coin reflects mixed signals. Currently, the BTG price is near to the immediate support level. The chances of breaching the same at $9.21 are quite ripe.