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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 Latest News, BCH Price Analysis

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From the listing of Bitcoin Cash on the Gemini exchange to the community undertaking a hard fork in the month of (maybe) November. Bitcoin Cash updates.

As the cryptocurrency market is itself very much non-deterministic in nature, advancements in the Crypto domain are hard to follow. Therefore, the article interesting recovers recent advancements with respect to Bitcoin Cash.

 

Achievements of Bitcoin Cash

The price Surge of Bitcoin Cash can be related to the listing of Bitcoin Cash on the Gemini exchange. Some of the experts even predict that the announcement of the Initial Public Offering by Bitmain, one of the leading cryptocurrency mining companies, as the precise reason for a 20% increase within a matter of hours.

Also the co-founder of BTCC, Bobby Lee had announced about the recent Bitcoin cash upgrade. Specifically, he meant that the community would be undertaking a hard fork in the month of (maybe) November. Interestingly, he was the one who was against the hard fork, that was conducted from Bitcoin and Bitcoin Cash was formed.

 

Price analysis

BCHUSD Price Chart 15 October

BCHUSD Price Chart 15 October

 

August

The fourth largest cryptocurrency was around $775 and later by the end of the month due to unknown reasons touched the $540 level.

 

September

The price gradually rose from $540 almost to $650. The price was hovering around the $450 levels throughout the month but touched the $560 level during the end.

 

October

The price was around $520 but on October 11th, the price fell and reached the $450 level. The fourth largest cryptocurrency is currently trading around $439.92.

 

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#Bitcoin Cash Price Analysis

Will BCH fall to $400? Bitcoin Cash Price Analysis 12 Oct

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Bitcoin Cash Price Key Focuses

  • Bitcoin cash price broadened misfortunes and broke the $440 swing low against the US Dollar.
  • There is a key declining divert set up with resistance at $440 on the hourly diagram of the BCH/USD pair (information feed from Kraken).
  • The pair is probably going to expand misfortunes beneath the $420 and $410 levels in the close term.

Bitcoin cash price declined to promote beneath the $440 low against the US Dollar. BCH/USD stays at a danger of more misfortunes towards the $400 handle.

 

Bitcoin Cash Price Analysis

Recently, we saw a noteworthy decrease from well above $500 in bitcoin cash price against the US Dollar. The BCH/USD pair exchanged as low as $440 and later began an upside redress. Be that as it may, the upside revision was restricted and BCH price attempted to move past $460-470. Additionally, there was no legitimate close over the 23.6% Lie retracement level of the last drop from the $514 high to $440 low.

Thus, there was a new drawback move and bitcoin cash price broke the $440 low. Another week by week low was framed at $421 and bitcoin cash price is still under a ton of weight. An underlying resistance is close $440 and the 23.6% Lie retracement level of the ongoing slide from the $514 high to $421 low. Additionally, there is a key declining divert set up with resistance at $440 on the hourly diagram of the BCH/USD pair. A break over the channel resistance and $440 may drive bitcoin cash price towards the $450 resistance.

 

BCHUSD Price Chart 12 October

BCHUSD Price Chart 12 October

 

Taking a gander at the outline, BCH price is under a ton of weight underneath $440 and $450. A break beneath the $421 low could place bears in charge for a trial of the $400 handle in the close term.

 

Taking a gander at the technical pointers:

Hourly MACD – The MACD for BCH/USD is going to move back in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is still well underneath the 30 level.

Significant Support Level – $420

Significant Resistance Level – $440

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#Bitcoin Cash Price Analysis

BCH falls badly, Bitcoin Cash Price Analysis 11 Oct

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Bitcoin cash price plunged underneath key supports. BCH/USD is as of now under strain as it turned offer on revitalizes close $470-475.

Bitcoin Cash Price Key Focuses

  • Bitcoin cash price neglected to skip back and broke the $500 support against the US Dollar.
  • There was a break beneath a declining channel with support at $495 on the hourly graph of the BCH/USD pair (information feed from Kraken).
  • The pair declined pointedly and broke the $475 and $460 support levels.

Bitcoin cash price plunged underneath key supports against the US Dollar. BCH/USD is as of now under strain as it turned offer on revitalizes close $470-475.

 

Bitcoin Cash Price Analysis

Recently, we perceived how bitcoin cash price neglected to break the $530 resistance and declined against the US Dollar. The BCH/USD pair declined further and broke an essential support close to the $500 level. It opened the entryways for more misfortunes and bitcoin cash price dropped forcefully underneath the $475 and $460 support levels. There was even a nearby beneath the $475 level and the 100 hourly basic moving normal.

Amid the decay, there was a break beneath a declining channel with support at $495 on the hourly outline of the BCH/USD pair. Bitcoin cash price even broke the $450 support and exchanged as low as $440. A low was framed at $440 and the price is right now in a bearish zone. An underlying resistance is close to the 23.6% Lie retracement level of the last decay from the $514 high to $440 low. An upward move won’t be simple since there are numerous resistance close to the $475 level. The half Lie retracement level of the last decrease from the $514 high to $440 low is additionally close $477.

 

BCHUSD Price Chart 11 October

BCHUSD Price Chart 11 October

 

Taking a gander at the graph, Bitcoin cash price has moved strongly into a bearish zone beneath $500. In the event that there is a break beneath the $440 low, BCH price may even drop towards the $400 level in the close term.

 

Taking a gander at the technical pointers:

Hourly MACD – The MACD for BCH/USD is picking up the pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is presently well beneath the 30 level.

Real Support Level – $440

Real Resistance Level – $475

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