Manoj B Rawal
Independent Analyst
- BTG/USD outperforms among major cryptos.
- Technicals do not have much data to point direction.
Bitcoin Gold is the outperformer of the day among all the major cryptocurrencies on Saturday even as it lost more than 26 percent for the week which saw all the cryptos crashing like nine pins ater the Google ad ban announcement which is expected to come into effect from June this year.
BTG/USD was up as much as 1.98 percent to $62.596 before it fell back to its previous close of $61.40.
Since its a fairly new crypto, there isn't much technial data available to gauge future direction. Immediate resistance now stands at 21 SMA on the intra day charts, which is placed at $61.60, while support lies around $60.00 mark, flat trendline of previois lows.
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