#Bitcoin Cash Price Analysis BCH going to rise? Bitcoin Cash Price Analysis 8 Oct Published 6 months ago on October 7, 2018 By Janet F. Sanchez Share Tweet Bitcoin Cash Price Key Focuses Bitcoin cash price exchanged higher as of late and moved over the $515 resistance against the US Dollar. There was a break over a pivotal bearish pattern line with resistance at $512 on the hourly diagram of the BCH/USD pair. The pair is currently set in a positive zone and it could keep on moving higher towards $530 and $540. Bitcoin cash price is gradually moving higher against the US Dollar. BCH/USD is probably going to proceed higher once purchasers gain force over the $525 level. Bitcoin Cash Price Analysis This previous week, there was a critical drawback move beneath the $550 support in bitcoin cash price against the US Dollar. The BCH/USD pair exchanged beneath the $540 and $520 support levels. There was even a spike underneath the $500 level and a low was framed at $498. Afterward, purchasers showed up and drove bitcoin cash price back over the $500 level. Afterward, bitcoin cash price picked up force and moved over the $510 and $515 resistance levels. There was additionally a break over the 61.8% Lie retracement level of the last decrease from the $523 high to $498 low. All the more critically, there was a break over a vital bearish pattern line with resistance at $512 on the hourly graph of the BCH/USD pair. The pair is currently exchanging pleasantly over the $510 level and the 100 hourly basic moving normal. It exchanged near the $525 resistance and is as of now uniting. On the upside, the following resistance is close $530 and the 1.236 Lie expansion level of the last decay from the $523 high to $498 low. Above $530, bitcoin cash price could exchange towards the $540 level, which is close to the 1.618 Lie expansion. BCHUSD Price Chart 8 October Taking a gander at the diagram, BCH price is currently set pleasantly in a positive zone above $510 and it could test $530 and $540 in the close term. Taking a gander at the technical markers: Hourly MACD – The MACD for BCH/USD is back in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is well over the 50 level. Significant Support Level – $510 Significant Resistance Level – $530 Related Topics:bchBCH ANALYSISBCH EXCHANGEBCH exchange ratebch forecastBCH futureBCH predictionbch pricebch price analysisbch to usdbch tradingBCH USD ChartBCH/USDBCHUSDBitcoin CashBitcoin Cash blockchainBitcoin Cash ChartBitcoin Cash ForecastBITCOIN CASH FUTUREBITCOIN CASH PREDICTIONBitcoin Cash pricebitcoin cash price 2018bitcoin cash price todaybitcoin cash to usdbitcoin cash tradebitcoin cash tradingBlockchaindaytrading Up Next Hunderds of South Korean Crypto Wallets and Exchanges hacked: Report Don't Miss BTC to rise soon? Bitcoin Price Analysis 7 Oct Continue Reading Advertisement You may like Forbes releases top 50 blockchain companies list Token Taxonomy Initiative: Enterprise Ethereum Alliance & Microsoft Donald Trump policies push Mexico to Bitcoin Delist Bitcoin SV movement continues: Kraken, Bitforex onboard John Mcafee publically challenges Calvin Ayre: Files $800M Lawsuit BTC to USD: Bitcoin Price Analysis, Bulls vs Bears 2 Comments 2 Comments Pingback: BCH going to rise? Bitcoin Cash Price Analysis 8 Oct – The Coinage Times Pingback: BCH going to rise? Bitcoin Cash Price Analysis 8 Oct | Coin News King Leave a Reply Cancel reply Your e-mail address will not be published. Required fields are marked *Comment Name * Email * Website #Bitcoin Cash Price Analysis Bitcoin Cash falling to 0? Is BCH worthless? Published 4 months ago on December 14, 2018 By Nadja Eriksson Bitcoin Cash has been falling sharply since the hard fork happened last month which led to the generation of Bitcoin Satoshi Vision. Today, Bitcoin Cash price fell below Ethereum and this is for the very first time that BCH has fallen below ETH since its inception. Bitcoin Cash is currently trading around $79 while ETH trades around $84 according to CoinGecko (at the time of writing). Along with the price, the total market capitalization of Bitcoin Cash has also fallen bringing down BCH on the 7th position in cryptocurrencies according to CoinMarketCap. Is it the end for BCH? Bitcoin Cash team has been continuously trying to attack the real bitcoin from the day of its inception. The team has been trying to bring Bitcoin Cash to mainstream adoption but it doesn’t seem that they have been successful in that. Unlike Bitcoin which truly has a good amount of adoption rate by merchants throughout the world, Bitcoin Cash does not have much of an adoption. Besides that, the daily transactions of BCH are nearly 1/10th of Bitcoin. Bitcoin Cash Price Analysis Technical Indicators: Support Level: $75 Resistance Level: $84 BCHUSD 2 day chart In the 2 day chart, Bitcoin Cash was trading at around $96 yesterday and crashed down to around $78 today where it is currently being traded. The main support level of BCH lies around $75 and the resistance level is around $83. BCH is currently trying to recover back from the recent crash but the selling pressure however is quite high which may push the price downwards and Bitcoin Cash could even fall below $70 in short term. However, market analysts are predicting that the price of BCH is likely to fall below $50 before the end of the year. The following article is not a financial advice. Readers are advised to do their own research and analysis before making any investment decisions in the cryptocurrency market. Continue Reading #Bitcoin Roger Ver & Bitmain face lawsuit for allegedly hijacking Bitcoin Cash Network Published 4 months ago on December 7, 2018 By Janet F. Sanchez After the deadly hash-wars between Bitcoin Cash ABC and Bitcoin Cash SV teams, which eventually led to the entire cryptocurrency market downfall, Roger Ver and Bitmain along with others have been alleged to take control of the Bitcoin Cash network for personal gains. United American Cord issues a statement saying: “What is alleged to have been a well-planned scheme to take control of the Bitcoin Cash network for personal gain and which caused a global capitalization meltdown of the Bitcoin Cash network at the expense of others” The lawsuit against Roger Ver, Bitcoin.com & Bitmain and others The lawsuit is against Roger Ver, Bitcoin.com, Bitmain and Kraken and seeks damages and injunctive relief for the victims. The lawsuit alleges that: “in unfair methods of competition and through a series of unconscionable, deceptive and unfair practices, manipulated the Bitcoin Cash network for their benefit and to the detriment of UnitedCorp and other Bitcoin Cash stakeholders”. Bitcoin Cash ABC planted a “poison pill” during the hard fork It is furthermore alleged that after the hard fork of Bitcoin Cash, on 20th November, 2018, the Bitcoin ABC team planted a “poison pill” into the blockchain code in order to remain in control of the network at all times. This also makes Bitcoin ABC a centralized blockchain. The full statement by American Cork can be found here. At the time of writing this article, Bitcoin ABC is trading at $102.00 while Bitcoin SV is trading at $106.47 Continue Reading #Bitcoin Cash Price Analysis Bitcoin Cash ABC Price Analysis: BCHABC going down to $100? Published 5 months ago on December 4, 2018 By Layla Harding Support Levels: $140, $130, $120 Resistance Level: $145 Key Points As of yesterday’s predictions, Bitcoin Cash ABC price broke the key support at $150 and went below this range. A new resistance at $145 is creating a bearish trend line on the 1-hour chart. BCHABC will likely fall below $140 if the selling pressure keeps increasing. Bitcoin Cash ABC price fell below the $150 support level due to the selling pressure and may now test the next support at $120. Bitcoin Cash ABC Price Analysis As of yesterday’s predictions, Bitcoin Cash ABC price broke $150 support level and is trading below $145 with a resistance set around $145 and $150. BCHABC is currently trading at a yearly low of $142 (at the time of publishing) according to CoinGecko Charts and may extend losses below $130 to test the next support level of $120. The daily charts of BCHABC predict that BCHABC price is currently under massive selling pressure. The price will fall further breaking the small support levels at $140 and $130 to test the major support at $120. 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