Bitcoin SV Price Prediction Today: Daily (BSV) Value Forecast – July 23
- On the downside,if the bears break the 12-day EMA, the crypto's price will fall to the previouis low at $100 or $110 price level.
- On the upside, if the 12-day EMA holds, the crypto's price will rise to retest the $240 price level.
BSV /USD Medium-term Trend: Bearish
- Resistance Levels: $250, $275, $300
- Support Levels: $225, $200, $175
Yesterday, July 22, the price of BSV was in a beaish trend after the bulls were resisted at the $175 price level. After the resistance the price fell to the support of the 26-day EMA. On the downside,if the bears break the 12-day EMA, the crypto's price will fall to the previouis low at $100 or $110 price level. On the upside, if the 12-day EMA holds, the crypto's price will rise to retest the $240 price level.
After the downward correction, the bulls made an upward move and broke the 12-day EMA and the 26-day EMA. The BSV coin is at the overbought region of the daily stochastic but above the 60% range. This indicates that price is in the bulish momentum and buy signal.
BSV/USD Short-term Trend: Ranging
On the 1-hour chart, the price of BSV is in a sideways trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally. The crypto’s price is characterized by small body candlesticks which describe the indecision between the buyers and sellers at the current market price. The daily stochastic is in the oversold region but below the 40% range. This indicates that price is in a bearish momentum and a sell signal.
Live Bitcoin SV (BSV) Price:
1 BSV/USD =$157.5218 change ~ 0.10%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.