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#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis: BCH/USD under pressure, 12 Sep.

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Bitcoin cash price is experiencing tension as it broke the $450 support. BCH/USD is probably going to broaden misfortunes towards $410 and $400.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price declined further and broke the $460 and $450 support levels against the US Dollar.
  • The current week’s taken after major bearish pattern line is still set up with resistance close $460 on the hourly outline of the BCH/USD pair (information feed from Kraken).
  • The pair stays in a downtrend and it appears as though it could keep on moving down towards $400.

Bitcoin cash price is experiencing tension as it broke the $450 support against the US Dollar. BCH/USD is probably going to broaden misfortunes towards $410 and $400 in the close term.

Bitcoin Cash Price Resistance

As of late, there was a minor upside redress above $480 in bitcoin cash price against the US Dollar. The BCH/USD pair exchanged towards the $490 level where venders rose. Accordingly, there was a bearish response and bitcoin cash price declined beneath the $470 and $460 support levels. The decay was with the end goal that BCH price even broke the $450 support level and is as of now exchanging great beneath the 100 hourly straightforward moving normal.

A new month to month low was framed at $425 before bitcoin cash price began a minor range design. It tried the 23.6% Lie retracement level of the ongoing decrease from the $476 high to $425 low. BCH  price flopped close to the $440-445 zone and it is as of now moving south. On the upside, there are numerous resistances close to the $450 and $460 levels. All the more significantly, the current week’s taken after major bearish pattern line is still set up with resistance close $460 on the hourly graph of the BCH/USD pair. Moreover, the half Lie retracement level of the ongoing decay from the $476 high to $425 low is at $451.

BCHUSD Price Chart 12 September

BCHUSD Price Chart 12 September

Taking a gander at the graph, Bitcoin cash price stays at a danger of more misfortunes beneath the ongoing low of $425. The following focus for merchants may well be $400.

Taking a gander at the technical pointers:

Hourly MACD – The MACD for BCH/USD is right now in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is well beneath the 40 level.

Real Support Level – $425

Real Resistance Level – $460

#Bitcoin Cash Price Analysis

BCH Flying higher? Bitcoin Cash Price Analysis 21 Sep

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Bitcoin cash price moved into a positive zone above $440. BCH/USD plunges towards the $440-445 zone could locate a solid purchasing interest.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price revived and broke a noteworthy resistance close $440 against the US Dollar.
  • Yesterday’s featured vital bearish pattern line was ruptured at $435 on the hourly diagram of the BCH/USD pair (information feed from Kraken).
  • The pair is as of now remedying lower, however plunges close $445 and $440 stays very much supported.

Bitcoin cash price moved into a positive zone above $440 against the US Dollar. BCH/USD plunges towards the $440-445 zone could locate a solid purchasing interest.

Bitcoin Cash Price Analysis

Recently, we examined a significant resistance close $440 for bitcoin cash price against the US Dollar. The BCH/USD pair made a pleasant upside move and broke the $440 resistance zone. There was a solid purchasing interest rose around the $425 support territory, bringing about an upward move. Bitcoin cash price soared higher and moved over the $445 level and the 100 hourly straightforward moving normal.

Amid the ascent, yesterday’s featured essential bearish pattern line was ruptured at $435 on the hourly graph of the BCH/USD pair. The pair exchanged over the $460 level and framed a high at $466. Afterward, there was a drawback redress and bitcoin cash price declined underneath $450. Besides, there was a break underneath the 23.6% Lie retracement level of the last wave from the $423 low to $466 high. Be that as it may, there are numerous supports on the drawback close to the $440 level, which was a resistance before. The half Lie retracement level of the last wave from the $423 low to $466 high is additionally situated at $444.

BCHUSD Price Chart 21 September

BCHUSD Price Chart 21 September

Taking a gander at the outline, BCH price may amend lower, however plunges near the $440 and $445 levels are probably going to discover offers. On the upside, a break over the $460 level could set the way for $480 in the close term.

Taking a gander at the technical markers:

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

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is well over the 50 level.

Significant Support Level – $440

Significant Resistance Level – $460

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#Bitcoin Cash Price Analysis

No more gains for BCH? Bitcoin Cash Price Analysis 20 Sep

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Bitcoin cash price is exchanging above $400 against the US Dollar. BCH/USD is confronting two or three vital resistances close $445 and $450 levels.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price plunged as of late, yet it discovered support close $410 against the US Dollar.
  • There is a noteworthy bearish pattern line set up with resistance close $440 on the hourly graph of the BCH/USD pair (information feed from Kraken).
  • The pair needs to move over the $450 leap for more gains in the close term.

Bitcoin cash price is exchanging above $400 against the US Dollar. BCH/USD is confronting two or three vital resistances close $445 and $450 levels.

Bitcoin Cash Price Resistance

Amid the previous couple of days, bitcoin cash price exchanged a range over the $400 handle against the US Dollar. The BCH/USD pair tried the $400 and $410 support levels on two or three events and stayed well offered. There was a solid ascent as of late after bitcoin cash price shaped a low at $408. BCH price hopped over the $425 and $430 levels, however merchants shielded the $445 and $450 resistances.

There is additionally a noteworthy bearish pattern line set up with resistance close $440 on the hourly graph of the BCH/USD pair. The pair remedied bring down beneath the 23.6% Lie retracement level of the last wave from the $408 low to $442 high. It appears as though bitcoin cash price may keep on moving down towards the $425 level. It speaks to the half Lie retracement level of the last wave from the $408 low to $442 high. Underneath this, bitcoin cash price could test the $410 support in the close term. On the upside, BCH price needs to break the $445, $450, and the 100 hourly SMA for more gains.

BCHUSD Price Chart 20 September

BCHUSD Price Chart 20 September

Taking a gander at the graph, BCH price could keep on trading in a range over the $410 level. Once there is a legitimate close above $450 and the 100 hourly SMA, bitcoin cash price may maybe ascend towards $500.

Taking a gander at the technical markers:

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

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is simply around the 50 level.

Significant Support Level – $410

Significant Resistance Level – $450

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#Bitcoin

BCH Money Button: Bitcoin Cash vs Bitcoin

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The BCH Money Button is a plugin or API which was developed for its integration with Yours.org, which allows seamless Bitcoin Cash transactions.

Gaining complete insights on BCH Money Button.

 

What’s an API?

The Application Programming Interface is a small piece of software code. It acts as an interface between two or more databases, Applications, and systems. They basically have the functionality of delivering your request to a particular server and receiving back the response from the server to your end. The entire internet and most of the payment channels are exclusively based on the Application Programming Interfaces, which is predominantly provided by many payment gateway providers. The APIs can easily be integrated with a particular website, application, or software and acts as an intermediary which enables a seamless interaction between different systems.

 

BCH Money Button: a payment API

The BCH Money Button is one such plugin or API which was predominantly developed for its integration with Yours.org. In fact, it was developed by the members of yours.org, which allows for seamless Bitcoin Cash transactions to be initiated on the Blockchain powered social media and content curation website. Yours.org is specialized to assist the content creators, in earning some profits through their contents. Ryan X Charles, who is one of the lead developers in the creation of the interface, also released a beta version so that the users can familiarise themselves and also, the developers can be exposed to the exceptions and bugs in their code.

 

BCH Money Button: an initiative by Yours.org

The Money button interface basically requires a valid Bitcoin cash address to initiate transactions based on it. It is highly difficult to imagine the condition of such tipping services through the traditional currency systems. Yours.org is a blogging website which entails innovative methods of content creation and propagation. They use paid comments, micropayments pay walls, etc. in order to optimize the entire ecosystem. Immediately after the inception of Bitcoin Cash, Yours.org was put on a show before the world. The Money Button interface was the outcome, of a consistent request for a payment system, which could easily be integrated for the usage, by third-party applications and websites.

 

How secure is BCH Money Button?

The BCH Money Button is also regarded as one of the most simple interfaces which can easily be integrated for its usage. It is also highly secure, as the personal funds which are transferred through the BCH Money Button interface, is not in the control of the interface and is safely transferred through the Bitcoin cash Blockchain. The BCH Money Button can be presumed as, a non-custodial wallet based on Bitcoin cash platform which predominantly runs on the user’s device. The BCH Money Button provides an amazing accessibility to the Bitcoin Cash blockchain.

 

Even Bitcoin and Litecoin were considered for the BCH Money Button

It is interesting to know that the developers at the BCH Money Button, were looking out for ways to integrate the technology with the usage of Bitcoin or Litecoin, before actually settling down with Bitcoin Cash. By testing their payment channel with Bitcoin, they concluded that the high amount of transaction fees was not resonating with their architecture. Even with Litecoin, as the transaction fees were lower when compared to Bitcoin, they had finalized it, but with the inception of Bitcoin Cash in 2016, they instantly switched to it, as its transaction fees were almost 30x lesser than Litecoin. The payment channels also was absolutely not an issue with BCH.

 

How did Bitcoin Cash gain an advantage over Bitcoin and Litecoin?

During the beta version release of the interface, the developers extensively made use of the time window and were successfully able to point out 2 critical bugs in BCH Money Button interface code. Due to the incorporation of the BCH blockchain, they were able to save enough time, by not worrying about the payment channel issues, during the beta stage, as it was taken well care by the BCH blockchain. The developers also revealed that incorporation of BCH helped them in reducing their program code by almost 10,000 lines.

 

Funding for BCH Money Button

The BCH Money Button payment service seems to be highly reliable, through their website interface and also through their expert developmental team. The project has been funded by many Angel investors along with some of the most prominent Blockchain based organizations like nChain (a blockchain based Research and Development Institute), Bitmain (one of the largest Bitcoin mining pool from China), DCG ( Venture Capitalist), etc.

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