#Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis: BCH/USD Slowly Recovering, 2 August. Published 9 months ago on August 1, 2018 By Coinnounce - Coin Announcements Share Tweet Bitcoin Cash Price Key Focuses Bitcoin cash price framed a low close to the $735 level and recouped against the US Dollar. The current week’s taken after critical bearish pattern line with resistance at $800 is flawless on the hourly chart of the BCH/USD match (information feed from Kraken). The combine may maybe move to assist higher, yet it is probably going to battle above $780-800 in the close term. Bitcoin cash price is gradually recouping above $750 against the US Dollar. BCH/USD could confront a solid resistance over the $780 level at $800. Bitcoin Cash Price Resistance Recently, there was a sharp drawback move beneath the $760 support in bitcoin cash price against the US Dollar. The BCH/USD match even exchanged beneath the $750 level and settled underneath the 100 hourly straightforward moving normally. It exchanged as low as $735 and later began an upside revision. The price moved over the 23.6% Lie retracement level of the last decrease from the $840 high to $735 low. In addition, there was a break over an interfacing bearish pattern line with resistance at $765 on the hourly chart of BCH/USD. It appears as though the match may maybe remedy assist over the $770 and $780 levels. Be that as it may, there is a pivotal obstruction for purchasers close to the $800 level. All the more vitally, the current week’s taken after critical bearish pattern line with resistance at $800 is flawless on the hourly chart of the BCH/USD combine. The 100 hourly SMA is additionally situated close to the $800 level. A transitional resistance is at $$785 and a half Lie retracement level of the last decrease from the $840 high to $735 low. BCHUSD Price Chart 1 August Taking a gander at the chart, bitcoin cash price is giving a couple of positive hints over the $750 level. Having said that an appropriate break over the $800 resistance is required for a bigger recuperation. Taking a gander at the specialized markers: Hourly MACD – The MACD for BCH/USD has moved back in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is currently back over the 50 level. Significant Support Level – $750 Significant Resistance Level – $800 Related Topics:bchBCH coinBCH EXCHANGEbch to usdbch tradingBCH/USDBCHUSDBitcoin CashBitcoin Cash Analysisbitcoin cash bchBitcoin Cash blockchainBitcoin Cash ChartBitcoin Cash pricebitcoin cash price analysisbitcoin cash price chartbitcoin cash price forecastbitcoin cash price nowbitcoin cash price opinionbitcoin cash price predictionbitcoin cash price technical analysisbitcoin cash price todaybitcoin cash to dollarbitcoin cash tradebitcoin cash tradingdaytradingOpiniontradingvirtual currency Up Next Bitcoin Price Technical Analysis: BTC/USD Bulls trying hard! Don't Miss Ethereum vs EOS: Which one is the Vanquisher? Continue Reading Advertisement You may like BTC to USD: Bitcoin Price Analysis, Bulls vs Bears ETH to USD: Ethereum Price Analysis, Turning Bullish? Bitcoin SV Miners facing huge losses since Hard Fork: Bitmex Anthony Pompliano: Every exchange should delist Bitcoin SV on 1st May A new logo for Bitcoin Cash? BCH supporters show anger. Binance founder threatens to delist Bitcoin SV 2 Comments 2 Comments Pingback: Bitcoin Cash Price Analysis: BCH/USD Slowly Recovering, 2 August. – Btc News Magazine Pingback: Bitcoin Cash Price Analysis: BCH/USD Slowly Recovering, 2 August. – 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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BCH supporters show anger.