Our pivot point stands at 886.2.
Our preference: the downside prevails as long as 886.2 is resistance.
Alternative scenario: the upside breakout of 886.2, would call for 896.7 and 903.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 882.7 and 879.4). Finally, the Binance Coin / Dollar has penetrated its lower Bollinger band (872.8).
Supports and resistances:
903.0 **
896.7 *
886.2 **
882.1
872.0 last
858.8
852.6 **
846.4 *
840.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-24-2025 at 08:50 UTC+1
Price reference: 872.0 last known on 08-24-2025 at 08:50 UTC+1
Investment horizon: INTRADAY
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