Price Analysis

Bitcoin Gold Maintains the Bull Trend Amidst Pale Trading Scenario of the Market

Bitcoin Gold price comparison over the past 5 days indicate that the present movement is bullish. BTG was trading at $10.36 on September 15, 2019 post which, the price of the coin started to gradually decline.

From September 17, 2019, the coin managed to gain its momentum and started to show signs of recovery. On the next day, Bitcoin Gold (BTG) was being traded at a constant price of $10.74. Due to a very sharp fall on September 19, 2019, BTG was being traded at the lowest price $9.88. However, BTG has bounced back very well and has managed to outrun the bears since yesterday’s fall.

Bitcoin Gold Price Analysis:

Bitcoin Gold Price Chart
Bitcoin Gold Price Chart by TradingView

If we compare the current trading price of Bitcoin Gold with its lowest trading value $9.88 as on September 19, 2019, BTG indicates an upward rise by almost 8%.

The MACD indicator points the momentum in the negative array below zero showing a bearish outlook as the signal line crosses the MACD line while the RSI indicator shows no extremities.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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