Nicholas Kitonyi

Thursday’s rebound pushed the pair slightly above the 100-hour moving average line. As a result, the currency pair is on the verge of entering the overbought levels of the 14-hour RSI.

The pair has now fallen to the trade level with the 100-hour moving average line. However, the currency pair recently bounced back to avoid falling into the oversold levels of the 14-hour RSI.

The price of the pioneer cryptocurrency continues to trade several levels below the 100-hour moving average line.

On Friday, the WTI crude oil price pulled back from the session highs of about $89.16 to trade at about $87.51.

On Friday, the US dollar index pulled back from the session highs of about 99.20 to trade at about 98.92 after the latest US data.

On Friday, the gold price bounced from the session lows of about $4,489 to trade at about $4,561 after the latest US data.

The pair has now advanced to trade a few levels above the 100-hour moving average line. As a result, the currency pair is on the verge of entering the overbought levels of the 14-hour RSI.

The pair has now fallen to trade several levels below the 100-hour moving average line. As a result, the currency pair is on the verge of entering the oversold levels of the 14-hour RSI.

The pair has now fallen to trade a few levels below the 100-hour moving average line. Thursday’s pullback prevented the currency pair from entering the overbought levels of the 14-hour RSI.

The pair continues to trade a few levels above the 100-hour moving average line, despite the latest pullback.