#Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis. BCH bulls in action. Published 3 months ago on November 5, 2018 By Janet F. Sanchez Share Tweet Bitcoin Cash Price Key Focuses Bitcoin cash price is as of now solidifying over the $535 support against the US Dollar. There is a key contracting triangle framed with resistance at $570 on the hourly outline of the BCH/USD pair. The pair is probably going to make the following move either above $570 or underneath $550 in the close term. Bitcoin cash price is getting ready for the following move against the US Dollar. BCH/USD could rally indeed if there is a break over the $570 resistance. Bitcoin Cash Price Analysis Recently, we saw a strong upward move over the $550 resistance in bitcoin cash price against the US Dollar. The BCH/USD pair exchanged towards the $600 level and framed a high at $589. Afterward, there was a minor drawback rectification and BCH price exchanged beneath $550. There was likewise a break underneath the 23.6% Lie retracement level of the last upside from the $473 low to $489 high. On the drawback, the $535 level went about like a conventional support and counteracted encourage misfortunes. Besides, there was no break underneath the half Lie retracement level of the last upside from the $473 low to $489 high. Bitcoin cash price is as of now merging over the $535 support. All the more critically, there is a key contracting triangle framed with resistance at $570 on the hourly diagram of the BCH/USD pair. On the off chance that the pair breaks the triangle resistance at $570, it will undoubtedly return to the $589 high. Over the expressed high, BCH price could test the $600 level, which is a noteworthy hindrance. Then again, a drawback break beneath $550 may well drive BCH price towards the $535 support. BCHUSD 3 day chart Taking a gander at the outline, BCH price is getting ready for the following move and it will either break $570 or move beneath $550 in the close term. Taking a gander at the technical markers: Hourly MACD – The MACD for BCH/USD is going to move into the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is over the 50 level. Significant Support Level – $550 Significant Resistance Level – $570 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 Vitalik Buterin Back on Track: Not quitting Ethereum Don't Miss PR: Miner Bros Limited offers the Most Authentic Cryptocurrency Mining Hardware Continue Reading You may like Satoshi Nakamoto’s Dream: The History of Bitcoin: Part 1 Bitcoin Maximalists: Leading towards a hazardous path. Why Ethereum has no future Kevin Connolly’s Cryptos TV show: The Good and the Bad Wyoming: The Bitcoin Capital of USA Bitcoin Still Stays Strong: Gamblers Prove 2 Comments 2 Comments Pingback: Bitcoin Cash Price Analysis. BCH bulls in action. - Satoshiuncle Pingback: Bitcoin Cash Price Analysis. BCH bulls in action. – 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 2 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 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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