#Bitcoin Cash Price Analysis BCH stands strong. Bitcoin Cash Price Analysis 1 October Published 4 months ago on September 30, 2018 By Layla Harding Share Tweet Bitcoin Cash Price Key Focuses Bitcoin cash price stayed in a positive zone and is at present over the $500 support against the US Dollar. There is a critical bearish pattern line set up with resistance at $540 on the hourly diagram of the BCH/USD pair (information feed from Kraken). The pair needs to exchange over the $550 resistance and the 100 hourly straightforward moving regular to pick up footing. Bitcoin cash price is at present uniting above $500 against the US Dollar. BCH/USD must outperform the 100 hourly SMA to exchange to another week by week high. Bitcoin Cash Price Analysis There were generally positive moves over the $500 level in bitcoin cash price against the US Dollar. The BCH/USD pair as of late redressed bring down in the wake of exchanging towards the $600 level. It exchanged as low as $509 and later began combining. It exchanged over the 23.6% Lie retracement level of the last decay from the $591 high to $509 low. In any case, the upside move was topped by the $550 resistance zone. All the more essential, there is a critical bearish pattern line set up with resistance at $540 on the hourly outline of the BCH/USD pair. The pair additionally neglected to clear the half Lie retracement level of the last decrease from the $591 high to $509 low. Moreover, the 100 hourly necessary moving regular is additionally situated close to the $540 level. In this manner, the $540 and $550 levels are vital obstacles for purchasers. Over these, bitcoin cash price will in all probability exchange towards the $590 and $600 levels in the close term. On the drawback, the critical support is at $510. BCHUSD Price Chart 1 October Taking a gander at the graph, Bitcoin cash price is endeavoring to outperform the pattern line, $540, and the 100 hourly SMA. In any case, purchasers are attempting to pick up energy. In this way, there could be a minor drawback response before BCH price breaks $550. Taking a gander at the technical markers: Hourly MACD – The MACD for BCH/USD is gradually moving into the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is as of now close to the 50 level. Significant Support Level – $510 Significant Resistance Level – $550 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 Merchants that accept payment in Bitcoin Cash BCH Don't Miss Bitcoin BTC ETF 101, October 2018 Continue Reading You may like Top 10 Friendly Countries for Blockchain Startups Stock Exchange of Thailand moving towards Cryptocurrency Trump Government Shutdown: Impact on Bitcoin ETF, Bakkt and Cryptos. France Yellow Vests Bank Run: Fractional Reserve Banking Fraud, Is Bitcoin The Real Solution? 2019 Blockchain Adoption: The Next Cryptocurrency Price Catalyst Ethereum hard fork vulnerability: Constantinople delayed yet again. 1 Comment 1 Comment Pingback: BCH stands strong. Bitcoin Cash Price Analysis 1 October – The Coinage Times Leave a Reply Cancel reply Your email 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 1 month 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 1 month 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 2 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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