Connect with us

#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis BCH/USD Stabilizing above $680

Published

on

Bitcoin cash price began a drawback revision and declined underneath $840 against the US Dollar. The major bullish pattern line was ruptured close to $830.

Bitcoin Cash Price Key Points

  • Bitcoin cash price stayed in a range and solidified over the $680 bolster against the US Dollar.
  • Yesterday’s featured key bearish pattern line is unblemished with current obstruction close $720 on the hourly outline of the BCH/USD pair (information feed from Kraken).
  • The match stays at a danger of more misfortunes as long as it is underneath the $710 and $720 opposition levels.

Bitcoin cash price is attempting to move above $710 against the US Dollar. BCH/USD is presently solidifying and it stays at a danger of further decreases.

Bitcoin Cash Price Trend

After a noteworthy decay underneath the $700 level, bitcoin cash price discovered help close $680 against the US Dollar. The BCH/USD match framed a low close $683 and later it began a minor upside remedy. It moved over the $690 level, however, it neglected to move past the $700-710 obstruction. In addition, the 23.6% Fib retracement level of the last decrease from the $780 high to $683 low additionally went about as an obstruction.

It appears like the $700-710 zone is a noteworthy opposition and a rotate region. A break over the same is required for a push towards the following opposition at $720-725. All the more imperatively, yesterday’s featured key bearish pattern line is flawless with current obstruction close $720 on the hourly graph of the BCH/USD combine. The pattern line currently concurs with the 38.2% Fib retracement level of the last decrease from the $780 high to $683 low. The following obstacle for purchasers is close to the $730 level and the 100 hourly basic moving normal.

Bitcoin Cash Price BCH to USD Chart 12 July

Bitcoin Cash Price BCH to USD Chart 12 July

Taking a gander at the outline, there are unmistakably numerous obstacles for purchases above $710. Consequently, a noteworthy upside recuperation towards $750 won’t be simple. On the drawback, a break underneath the $680 support could drive the price towards $650.

Taking a look at the specialized pointers:

Hourly MACD – The MACD for BCH/USD is generally level in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is presently back underneath the 50 level.

Real Support Level – $680

Real Resistance Level – $720

#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis BCH/USD Holding above $800, 19 July.

Published

on

Bitcoin cash price began a drawback revision and declined underneath $840 against the US Dollar. The major bullish pattern line was ruptured close to $830.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price began a drawback revision and declined underneath $840 against the US Dollar.
  • The current week’s featured major bullish pattern line was ruptured with support close $830 on the hourly outline of the BCH/USD match (information feed from Kraken).
  • The match is right now testing an essential help close $800 and it stays at a danger of more decays.

Bitcoin cash price rectified pointedly bring down from $890 against the US Dollar. BCH/USD must remain over the $800 support to keep away from additionally slides.

Bitcoin Cash Price Support

Recently, we saw a noteworthy upside move over the $850 resistance in bitcoin cash price against the US Dollar. The BCH/USD match exchanged towards the $900 level and a high was shaped close $890. Afterward, the price began a drawback remedy and broke the $860 and $840 bolster levels. It even broke the 61.58% Lie retracement level of the last leg from the $780 low to $890 high.

In addition, the current week’s featured major bullish pattern line was broken with help close $830 on the hourly diagram of the BCH/USD match. The combine is presently trying an essential help close to the $800 level, which was a resistance before. In the event that the price recoups from the $800 bolster, it could confront resistance close to the $825 level. It is the 23.6% Lie retracement level of the last decay from the $890 high to $804 low. Above $825, the price will continue it upside move towards the $850 and $860 levels.

BCHUSD Price Chart 19 July

BCHUSD Price Chart 19 July

Taking a gander at the outline, bitcoin cash price is at a danger of a drawback break beneath the $800 bolster level. The following significant help on the drawback is close to the $785 level and the 100 hourly straightforward moving normal. In general, the price stays in an uptrend as long as it is above $780 and the 100 hourly SMA.

Taking a gander at the specialized markers:

Hourly MACD – The MACD for BCH/USD has moved into the bearish zone.

Hourly RSI (Relative Quality Record) – The RSI for BCH/USD is currently well beneath the 40 level.

Significant Help Level – $800

Real Resistance Level – $825

Continue Reading

#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis BCH/USD, 18 July. Uptrend Ahead!

Published

on

Bitcoin cash price surged higher and broke a noteworthy opposition close $850 against the US Dollar. Probably going to quicken increases over $875.

Bitcoin Cash Price Key Points

  • Bitcoin cash price surged higher and broke a noteworthy opposition close $850 against the US Dollar.
  • Yesterday’s featured key bullish pattern line is flawless with help close $810 on the hourly graph of the BCH/USD combine (information feed from Kraken).
  • The pair is probably going to quicken increases over the $875 level and it could test $900 in the close term.

Bitcoin cash price soared higher and broke the $850 obstruction against the US Dollar. BCH/USD stays in a noteworthy uptrend and it could test $900.

Bitcoin Cash Price Uptrend

Recently, we saw a sharp rally over the $800 level in bitcoin cash price against the US Dollar. Afterwards, the BCH/USD combine adjusted lower and tried the $780 bolster territory, which went about as a purchase zone. Therefore, there was a crisp upward move and the price broke the $810 and $850 obstruction levels. The upside move was solid as bitcoin cash price exchanged towards the $875 level and shaped a high at $876.

Right now, bitcoin cash price is uniting picks up beneath $875. An underlying help is close to the 23.6% Fib retracement level of the last wave from the $780 low to $876 high. All the more critically, yesterday’s featured key bullish pattern line is flawless with help close $810 on the hourly graph of the BCH/USD match. The pattern line bolster and $800 holds a considerable measure of criticalness since they were opposition zones prior. Additionally, the half Fib retracement level of the last wave from the $780 low to $876 high is situated close to the $829 level to counteract decays.

BCHUSD Price Chart 18 July

BCHUSD Price Chart 18 July

Taking a gander at the diagram, the Bitcoin Cash price set in a strong uptrend and it appears like it could break the $876 high. Over this, there are high odds of it moving towards the $900 level.

Taking a gander at the specialized markers:

Hourly MACD – The MACD for BCH/USD is presently decreasing its bullish incline.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is put in the overbought zone.

Significant Support Level – $829

Significant Resistance Level – $876

Continue Reading

#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis BCH/USD Bulls are back!

Published

on

Bitcoin cash price picked up footing and moved over the $760 and $780 resistances against the US Dollar. There is a fleeting bullish pattern line.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price picked up footing and moved over the $760 and $780 resistances against the US Dollar.
  • There is a fleeting bullish pattern line shaping with support close to $788 on the hourly diagram of the BCH/USD match (information feed from Kraken).
  • The match is in a noteworthy uptrend and it is probably going to quicken higher above $800 in the close term.

Bitcoin cash price hopped forcefully towards $800 against the US Dollar. BCH/USD is increasing bullish energy, which could lead it towards $850.

Bitcoin Cash Price Pattern

There was a sharp upside move in bitcoin cash price from the $715 swing low against the US Dollar. The BCH/USD combine amended a couple of focuses yesterday and tried the $710-715 help zone. Also, the 23.6% Lie retracement level of the last leg from the $660 swing low to $730 high was tried. The price finished a drawback revision close $715 and began a strong upward move.

It bounced over the $750, $760 and $780 resistance levels to enlist strong increases. There was even a break over the $800 level and the price framed a high at $809. Right now, the price is combining increases close $800. An underlying help sits close to the 23.6% Lie retracement level of the last wave from the $715 low to $809 high. Besides, there is a transient bullish pattern line shaping with help close $788 on the hourly graph of the BCH/USD. Along these lines, if the price redresses lower, it is probably going to discover bolster close to the $780-790 zone.

BCHUSD Price Chart 17 July

BCHUSD Price Chart 17 July

Taking a gander at the diagram, Bitcoin Cash price returns in a noteworthy uptrend above $760. It appears like purchasers may pick up footing for more upsides over the ongoing high at $809. The following obstacle for purchasers is around the $850 level.

Taking a gander at the specialized pointers:

Hourly MACD – The MACD for BCH/USD is set pleasantly in the bullish zone.

Hourly RSI (Relative Quality File) – The RSI for BCH/USD is as of now in the overbought zone.

Significant Support Level – $780

Significant Resistance Level – $810

Continue Reading
Advertisement BitcoinAdvertising.com

Live Crypto Prices

  • BTC
  • USD
  • AUD
  • CAD
  • EUR
  • BTC
    Bitcoin(BTC) 7377.36
  • ETH
    Ethereum(ETH) 463.933
  • BCH
    Bitcoin Cash(BCH) 784.495
  • EOS
    EOS(EOS) 8.05267
  • LTC
    Litecoin(LTC) 84.7212
  • ADA
    Cardano(ADA) 0.165781
  • TRX
    TRON(TRX) 0.0357887
  • DASH
    Dash(DASH) 245.567
  • XEM
    NEM(XEM) 0.17088

Trending