#Bitcoin Cash Price Analysis BCH Price Analysis: Bitcoin Cash Declining Further 21 Oct Published 6 months ago on October 20, 2018 By Nadja Eriksson Share Tweet BCH Key Focuses BCH price declined forcefully, however it discovered support close to the $420 level against the US Dollar. There was a break over a noteworthy bearish pattern line with resistance at $435 on the 4-hours graph of the BCH/USD pair (information feed from Kraken). The pair may well keep on moving higher once there is a break over the $450 resistance. BCH price is set well over the $420 support against the US Dollar. BCH/USD could quicken over the $450 and $460 resistances in the close term. BCH Price Analysis This previous week, there were misfortunes noted beneath the $450 support level in BCH price against the US Dollar. The BCH/USD pair declined and even broke the $440 support. It exchanged near the $420 support zone where purchasers developed. There was a solid purchasing enthusiasm close to the $420 level and later BCH price began a good recuperation. It moved over the half Lie retracement level of the ongoing slide from the $458 high to $423 low. All the more imperatively, there was a break over a noteworthy bearish pattern line with resistance at $435 on the 4-hours graph of the BCH/USD pair. The pair moved over the $440 resistance also, yet it is as yet exchanging admirably beneath the 100 basic moving normal (4-hours). The current wave is confronting obstacles close to the $450 resistance (the past support). Besides, the 76.4% Lie retracement level of the ongoing slide from the $458 high to $423 low is additionally going about as a solid resistance. BCHUSD Price Chart 21 October Taking a gander at the diagram, BCH price must break the $450 resistance level to enter a bullish zone. The following significant obstacles for purchasers are close to the $460 and $475 levels. The fundamental support on the drawback is at $420. Taking a gander at the specialized pointers: 4-hours MACD – The MACD for BCH/USD is marginally in the bullish zone. 4-hours RSI (Relative Strength File) – The RSI for BTC/USD is well over the 50 level. Real Support Level – $420 Real Resistance Level – $450 Related Topics:bchBCH ANALYSISbch forecastBCH predictionsbch pricebch price analysisBCH price nowbch price todayBCH TECHNICAL ANALYSISBCH to dollarbch to usdbch tradingBCH USD ChartBCH/USDBitcoin CashBitcoin Cash ChartBitcoin Cash ForecastBitcoin Cash predictionsBitcoin Cash pricebitcoin cash price analysisbitcoin cash price todayBlockchaindaytrading Up Next Why Ethereum has no future and why ETH will never rise again Don't Miss Ethereum hardfork Constantinople to be delayed until January 2019 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 Price Analysis: Bitcoin Cash Declining Further 21 Oct - Satoshiuncle Pingback: BCH Price Analysis: Bitcoin Cash Declining Further 21 Oct – The Coinage Times 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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