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#Bitcoin Cash Price Analysis

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, EOS, Cardano, Stellar, IOTA, TRON: Price Analysis, 11 August.

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The Bitcoin Price downtrend can reach out to the following support levels at $5,400 and $5,000. ETH will pick up strength if the price supports above $620.

BTC/USD

The bulls have protected the basic support level at $6,075.04 for as far back as two days. In spite of the fact that this is a positive sign, a more honed pullback would have given us more noteworthy certainty that the bulls are forcefully purchasing at these levels. As the recuperation has been feeble, we should depend on different signs to anticipate the following plausible heading on Bitcoin.

BTCUSD Price Chart 11 August

BTCUSD Price Chart 11 August

The moving midpoints are very nearly finishing a bearish hybrid, which is a negative sign. Then again, the RSI is near the oversold domain, which demonstrates the offering has been overcompensated and a pullback is likely.

Any pullback will confront a hardened resistance at the downtrend line of the plummeting triangle and after that at the moving midpoints. The virtual money will hint at the primary bullishness once it maintains above $7,200.

There is a probability for the BTC/USD match to remain extend bound somewhere in the range of $6,000 and $8,500. We have arrived at this conclusion in light of the fact that the base — around $6,000 — and the best — around $8,500 — have held twice since May of this current year. In this manner, forceful brokers can enter long positions at $6,800 with the stops beneath $5,900 and anticipate that a rally will $8,500. This is a hazardous exchange since we are hopping the weapon, so we recommend utilizing just 30 percent of the typical distribution. Positions can be included after the price maintains above $7,200.

Our perspective of the development of a range will be refuted if the bears sink prices underneath $5,900. Under such conditions, the downtrend can reach out to the following support levels at $5,400 and $5,000.

ETH/USD

Ethereum is attempting to skip off the basic support at $358. On August 8, the tumble to $346.35 was the most minimal level since November 19 of a year ago. The pullback on August 9 was unremarkable as the price withdrew from $370.39.

ETHUSD Price Chart 11 August

ETHUSD Price Chart 11 August

In the event that the bears drive the prices underneath $346, the fall can reach out to $280. In spite of the fact that the RSI is as of now in the oversold region, we are not sure about a ricochet yet on the grounds that amid the past fall in late Walk of this current year, the RSI had progressed toward becoming profoundly oversold before a recuperation happened.

We will turn positive on the ETH/USD combine once it supports over the 50-day SMA. Until at that point, we recommend merchants stay on the sidelines.

XRP/USD

Ripple tumbled to $0.32 on August 8, just beneath our proposed focus of $0.32862. In the event that this level additionally breaks, the following stop is at $0.24001.

XRPUSD Price Chart 11 August

XRPUSD Price Chart 11 August

Despite the fact that the RSI is in a profoundly oversold domain, the feeble endeavour to pull back on August 9 demonstrates that the purchasers are in no rush to purchase the cryptographic money.

We will sit tight for the XRP/USD match to frame a bullish example before turning positive on it. The principal indication of strength will be the point at which the price maintains over the 50-day SMA.

BCH/USD

Bitcoin Cash made another year-to-date low on August 8 when it tumbled to $564.9304. The pullback endeavor on August 9 confronted a barricade at $619.7510.

BCHUSD Price Chart 11 August

BCHUSD Price Chart 11 August

The BCH/USD combine can now retest the support at $537.8221, which is the intraday low made on November 8 of a year ago. This is a noteworthy support; henceforth, we envision a solid purchasing in the zone of $537.8221 — $619.7510. The pair will pick up strength if the price supports above $620.

Then again, if the bears break beneath $537.8221, the coin can droop to $400.

EOS/USD

After a fizzled pullback endeavor on August 9, EOS is probably going to extend its descending move to the following support zone of $3.8723 — $4.3396.

EOSUSD Price Chart 11 August

EOSUSD Price Chart 11 August

We like that the EOS/USD match is as yet citing great over its year-to-date lows. The oversold levels on the RSI point to a plausible bounce back from the zone somewhere in the range of $3.8723 and $4.3396. We will sit tight for a solid bob to emerge before prescribing any purchases on the combine.

Our bullish view will be discredited if the bears break and support beneath $3.8723.

LTC/USD

Litecoin has remembered the distance back to the levels last observed in mid-November of a year ago. This is a negative sign.

LTCUSD Price Chart 11 August

LTCUSD Price Chart 11 August

An endeavour to pull back on August 9 failed out at $65 and right now the bears are attempting to stretch out the decay to the following focus of $57.

Between late September to early November of a year ago, the LTC/USD match over and over discovered support near the $48 — $52 zone. Along these lines, we anticipate that this zone will go about as a solid support amid the present fall.

Any pullback will confront a firm resistance at the 20-day EMA and at $74.074. We will sit tight for the pattern to change before proposing any long positions on it.

ADA/USD

The pullback endeavour on August 9 couldn’t scale over the $0.13 line. The past solid support will now go about as a solid resistance. Except if Cardano rapidly transcends $0.13, it is in danger of separating of $0.111843.

ADAUSD Price Chart 11 August

ADAUSD Price Chart 11 August

Underneath $0.111843, the following level to keep an eye out for is $0.078215. Any fall underneath this level will push the ADA/USD match into an uncharted domain, which is a bearish sign.

We will turn positive on the cryptographic money after it quits falling, breaks out of the downtrend line and ascensions above $0.15.

XLM/USD

Stellar ricocheted pointedly on August 9, which is a positive sign. This demonstrates the bulls are quick to claim it on plunges.

XLMUSD Price Chart 11 August

XLMUSD Price Chart 11 August

The level of $0.184 is one to look out for on the drawback since it has held since December of a year ago. Despite the fact that it was broken on a couple of events, the bears couldn’t maintain the prices beneath $0.184. Subsequently, we anticipate that the support will hold this time also.

On the off chance that, in opposition to our desire, the digital currency maintains underneath $0.184, it will wind up negative and can drop to $0.09. As we are generally bullish on the XLM/USD combine, we may recommend a purchase once it maintains over the moving midpoints.

IOTA/USD

The oversold level on the RSI has neglected to draw in purchasers. Particle keeps on looking frail on the charts, with a plausible drop to the example focus of $0.5721. In the event that this level likewise breaks, the following stop can be at $0.5 — $0.52.

IOTAUSD Price Chart 11 August

IOTAUSD Price Chart 11 August

Verifiably, an oversold level on the RSI has brought about a pullback. On the past two events when the RSI was near oversold levels, the Particle/USD match stayed in a range for a couple of days before climbing.

In this way, if the bulls guard one of the previously mentioned support levels, the match may endeavour a pullback. Any recuperation endeavour will confront a solid resistance at the past solid support of $0.9150. We will sit tight for a bullish example to create before recommending any long positions.

TRX/USD

Tron is attempting to skip off the basic support at $0.022806. In spite of the fact that the bulls have safeguarded the support for as long as two days, they have neglected to accomplish an important pullback.

TRXUSD Price Chart 11 August

TRXUSD Price Chart 11 August

The bears will now endeavour to break the support at $0.022806. In the event that fruitful, the TRX/USD combine will turn out to be to a great degree negative. The lower levels to look out for are $0.018297 and $0.01095383. Be that as it may, both of these are not exceptionally solid support levels, henceforth, it is hard to anticipate where the purchasers will advance in.

Our bearish view will be discredited if the bulls purchase the plunge beneath $0.022806 and push the prices above $0.02801344. Long positions ought to stay away from until the point when the prices balance out.

#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis: BCH/USD set to gain above $600.

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Bitcoin cash price is ready to broaden increases above $600. BCH/USD is put pleasantly over the $550 support territory and the 100 hourly SMA.

Bitcoin Cash Price Key Points

  • Bitcoin cash price is consistently rising and is right now set pleasantly above $550 against the US Dollar.
  • There is a noteworthy bullish pattern line framed with support at $560 on the hourly chart of the BCH/USD combine (information feed from Kraken).
  • The combine looks set to increase encourage over the $590 and $600 resistance levels in the close term.

Bitcoin cash price is ready to broaden increases above $600 against the US Dollar. BCH/USD is put pleasantly over the $550 support territory and the 100 hourly SMA.

Bitcoin Cash Price Trend

There was a not too bad drawback rectification from the $612 high in bitcoin cash price against the US Dollar. The BCH/USD match declined and exchanged underneath the $600 and $560 support levels. In any case, the decay was secured by the $540-550 support zone. A low was shaped close $537 and later bitcoin cash price began a crisp upward move. It exchanged over the 38.2% Fib retracement level of the last slide from the $612 high to $537 low.

Bitcoin cash price additionally exchanged over the $570 level and it is at present combining underneath $590-600. In addition, it is trying the half Fib retracement level of the last slide from the $612 high to $537 low. When it picks up force over the $590 resistance, it will no doubt outperform the $600 resistance. Above $600, bitcoin cash price could return to the last swing high at $612. On the drawback, there is a noteworthy bullish pattern line framed with support at $560 on the hourly chart of the BCH/USD match. All the more critically, it appears as though there is a solid support shaping close $540-550 and the 100 hourly basic moving normal.

BCHUSD Price Chart 20 August

BCHUSD Price Chart 20 August

Taking a gander at the chart, BCH price is situated pleasantly for more increases above $600 as long as it is over the $540 support territory.

Taking a gander at the specialized pointers:

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

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

Real Support Level – $540

Real Resistance Level – $590

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#Bitcoin Cash Price Analysis

Bitcoin Cash Price Weekly Analysis: BCH/USD failed to settle above $600.

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Bitcoin Cash Price Key Focuses

  • Bitcoin cash price recouped and moved over the $520 and $540 resistance levels against the US Dollar.
  • There is a noteworthy contracting triangle shaping with support close $545 on the 4-hour chart of the BCH/USD match (information feed from Kraken).
  • The combine needs to remain over the $545 and $540 support levels to stay in an uptrend in the close term.

Bitcoin cash price neglected to settle above $600 and declined against the US Dollar. BCH/USD is at present testing a vital support zone close $540.

Bitcoin Cash Price Support

After a noteworthy decrease, bitcoin cash price discovered support close to the $465 level against the US Dollar. The BCH/USD match began a recuperation and moved over the $500, $520, $540 and $580 resistance levels. There was even a spike over the $600 level. Be that as it may, bitcoin cash price neglected to settle over the $600 level and discovered merchants close to the 100 straightforward moving normal (4-hours). A high was shaped at $613.7 and bitcoin cash price began declining.

It broke the 23.6% Lie retracement level of the last wave from the $468 low to $613 high. Nonetheless, bitcoin cash price is currently exchanging close to a noteworthy support region at $540. The expressed zone close $540-550 went about as a support prior and it could avoid decreases this time. There is likewise a noteworthy contracting triangle framing with support close $545 on the 4-hour chart of the BCH/USD combine. Additionally, the half Lie retracement level of the last wave from the $468 low to $613 high is close $540. In this way, a break and close underneath the $540 support could drive bitcoin cash price in a bearish zone.

BCHUSD Weekly Price Chart 19 August

BCHUSD Weekly Price Chart 19 August

Taking a gander at the chart, BCH price is at present holding the $540 support. On the off chance that it keeps on holding, it could bob back towards $600 and $620.

Taking a gander at the specialized pointers:

4-hours MACD – The MACD for BCH/USD is going to move once more into the bearish zone.

4-hours RSI (Relative Strength Index) – The RSI for BCH/USD is at present simply close to the 50 level.

Real Support Level – $540

Real Resistance Level – $600

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#Bitcoin Cash Price Analysis

Bitcoin Cash Price Analysis: BCH/USD bullish trend line, 17 August.

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Bitcoin cash price is getting ready for the following break above $535-540 against the US Dollar. BCH/USD stays supported on plunges close $515 and $500.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price is gradually moving higher and is as of now exchanging over the $500 support against the US Dollar.
  • There is key bullish pattern line framed with support at $515 on the hourly chart of the BCH/USD combine (information feed from Kraken).
  • The combine is probably going to move higher and it could break the $540 resistance for more picks up.

Bitcoin cash price is getting ready for the following break above $535-540 against the US Dollar. BCH/USD stays supported on plunges close $515 and $500.

Bitcoin Cash Price Resistance

There was a gradual ascent started from the $471 low in bitcoin cash price against the US Dollar. The BCH/USD combine moved higher and figured out how to settle over the $500 resistance level. There was likewise a break over the 38.2% Lie retracement level of the last key decrease from the $594 swing high to $470 swing low. Be that as it may, bitcoin cash price is right now confronting a pivotal obstacle on the upside close to the $535-540 zone.

In addition, the 61.8% Lie retracement level of the last key decay from the $594 swing high to $470 swing low is close $546 to go about as a resistance. In this manner, a break over the $540 and $546 resistances could open the entryways for more picks up in the close term. Above $546, bitcoin cash price may maybe move towards the $565 and $570 levels. On the drawback, there is a key bullish pattern line framed with support at $515 on the hourly chart of the BCH/USD combine. The pattern line support is vital, beneath which, bitcoin cash price may return to the $500 support.

BCHUSD Price Chart 17 August

BCHUSD Price Chart 17 August

Taking a gander at the chart, Bitcoin cash price is set pleasantly for more upsides over the $500 support. Be that as it may, a break above $540 is must for an upside speeding up.

Taking a gander at the specialized pointers:

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

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

Significant Support Level – $500

Significant Resistance Level – $540

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