Archive | Bitcoin Cash Price

Bitcoin Cash Price Analysis: BCH/USD Primed to Break above $540

Key Points Bitcoin cash price is slowly moving higher and is currently trading above the $500 support against the US Dollar. There is key bullish trend line formed with support at $515 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to move higher and it could break… […]

Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near 100 SMA

Key Points        ·         Bitcoin cash price recovered further, but it failed to move above the $540 resistance area against the US Dollar. ·         There is an expanding triangle forming with current support at $492 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair could bounce back once again, but… […]

Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $550

Key Points ·         Bitcoin cash price started consolidating losses after trading to the $540 low against the US Dollar. ·         There is a key connecting bearish trend line formed with resistance at $580 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair might continue to struggle to break the… […]

Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near $620

Key Points Bitcoin cash price attempted a recovery above the $600 level against the US Dollar. There is a short-term ascending channel formed with support at $590 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could move higher if it holds the $590 support and breaks the $620 resistance…. […]

Bitcoin Cash Price Analysis: BCH/USD Remains Sell on Rallies

Key Points Bitcoin cash price fell significantly and broke the $600 support against the US Dollar. There is a new contracting triangle forming with resistance near $608 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to resume its downside move once the current correction is complete near… […]

Bitcoin Cash Price Analysis: BCH/USD Accelerating Losses Below $700

Key Points Bitcoin cash price declined sharply and broke the $700 and $670 support levels against the US Dollar. Yesterday’s highlighted important bearish trend line prevented gains near $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is under a lot of pressure and it could slide further towards… […]

Bitcoin Cash Price Analysis: BCH/USD’s Upsides Capped Near $710

Key Points Bitcoin cash price recovered slightly, but it failed to move past $718 against the US Dollar. There is a new connecting bearish trend line forming with resistance at $708 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may perhaps correct a few points, but upsides are likely… […]

Bitcoin Cash Price Analysis: BCH/USD Could Recover To $740

Key Points Bitcoin cash price found support near the $684 level and started a recovery against the US Dollar. There was a break above a short-term bearish trend line with resistance at $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could continue to trade higher towards the next… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Bearish Below $730

Key Points Bitcoin cash price declined and broke the $730 and $705 support levels against the US Dollar. There is a major bearish trend line formed with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to move above $710 and $730 to start a decent… […]

Bitcoin Cash (BCH) Price Watch: Aiming for Next Major Support

Bitcoin Cash Price Key Highlights Bitcoin Cash celebrated its anniversary but bulls seemed to be nowhere in sight. Price broke below a short-term trend line and triangle consolidation to set off a new wave lower. Price could be aiming for the next floor at the longer-term horizontal support from here. Bitcoin Cash price barely drew… […]

Bitcoin Cash Price Analysis: BCH/USD Primed for More Declines

Key Points Bitcoin cash price failed to recover and declined further below $740 against the US Dollar. This week’s highlighted crucial bearish trend line is intact with resistance at $745 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to extend the current decline back towards… […]

Bitcoin Cash Price Analysis: BCH/USD Extending Losses Below $750

Key Points Bitcoin cash price tumbled sharply and broke the $800 support area against the US Dollar. There are two bearish trend lines formed with resistance at $770 and $810 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to extend the current decline below the $740 support… […]

Bitcoin Cash Price Analysis: Can BCH/USD Break Above 100 SMA?

Key Points Bitcoin cash price is slowly declining and is currently well below $830 against the US Dollar. Yesterday’s highlighted important bearish trend line is intact with resistance near $825 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must clear the $825-830 resistance and the 100 hourly simple moving… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Dips Remain Supported

Key Points Bitcoin cash price retested the $780 support zone and bounced back against the US Dollar. There is a key bullish trend line formed with support at $800 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is placed nicely in an uptrend and it is likely to extend… […]