Bitcoin cash price currently correcting gains from the $255 resistance area against the US Dollar.The price is approaching a couple of key supports near $227 and $225.There is a major contracting triangle forming with support near $232 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could dip towards the $225-$227 support area before it starts a fresh increase.Bitcoin cash price is slowly declining losing momentum below $240 against the US Dollar. BCH/USD could...
Read More »Bitcoin Cash Analysis: BCH Sighting Crucial Break Above $215
Bitcoin cash price is trading above the key $192 support area against the US Dollar.The price is showing positive signs above the $200 pivot level.There is a major bullish trend line forming with support near $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge if it clears the $210 and $215 resistance levels in the near term.Bitcoin cash price is facing a strong resistance near $215 against the US Dollar. BCH/USD could continue to climb unless...
Read More »Bitcoin Cash Analysis: BCH Setting Stage For Fresh Increase
Bitcoin cash price is trading nicely above the $182 support area against the US Dollar.The price is facing a couple of important hurdles near the $198 and $204 levels.There is a declining channel or a bullish flag forming with resistance near $192 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could decline a few points before a fresh increase above the $198 resistance area.Bitcoin cash price is trading in a positive zone above $182 and $180 against the US Dollar....
Read More »Crypto Price Analysis December 25: BTC, ETH, LTC, EOS, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.On all the assets discussed below, reversal patterns are forming on the smaller timeframes. If the bulls manage to push the quotations above the nearest resistance levels, we can expect the beginning of good growth. For the Bitcoin, it is enough to secure above $7700, which may provoke growth to...
Read More »Crypto Price Analysis December 18: BTC, ETH, XRP, LTC, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.As we see, on D1 of the Bitcoin there is a reversal Wedge pattern forming, promising a reversal and an attempt of growth rather soon. For the bulls, it is important to secure above $7670, which will confirm the development of an uptrend.What is more, similar patterns are forming on the charts of...
Read More »Bitcoin Cash Analysis: BCH Could Resume Its Decline
Bitcoin cash price is trading in a bearish zone below the $210 and $216 resistances against the US Dollar.The price is struggling to stay above the key $203 and $200 support levels.There is a major bearish trend line forming with resistance near $210 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could resume its decline if it breaks the $203 support area in the near term.Bitcoin cash price is following a bearish path below $210 against the US Dollar. BCH/USD must...
Read More »Bitcoin Cash Analysis: BCH Reaching Crucial Juncture
Bitcoin cash price is facing a strong resistance near the $212 area against the US Dollar.The price is showing a few positive signs above the $202 and $192 support levels.There is a crucial bearish trend line forming with resistance near $212 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a strong rise if it breaks the $212 and $215 resistance levels.Bitcoin cash price is likely approaching the next key break against the US Dollar. BCH/USD must surpass...
Read More »Crypto Price Analysis December 4: BTC, ETH, EOS, LTC, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.BTC and ETH are forming reversal patterns both on the RSI and the price charts. Of course, buying on the falling market is not always a good idea. To be sure, a buyer must see a breakout of the closest resistance lines. The other altcoins follow the leading assets but show no reversal patterns...
Read More »BitTok Launches Mainstream Blockchain Assets
Place/Date: - December 2nd, 2019 at 9:00 am UTC · 4 min read Contact: BitTok, Source: BitTok Photo: BitTokFrom the perspectives of appreciation capabilities, liquidity, and security, the launch of multiple blockchain assets in batches this time will not only helps attract a large number of digital asset enthusiasts, but also enriches the choice for users and provides them with more diverse investment options. At the same time, it also marks the gradual improvement of the new ecosystem...
Read More »Bitcoin Cash Analysis: BCH Attempting Crucial Upside Break
Bitcoin cash price is currently recovering and trading above $210 against the US Dollar.The price is struggling to gain momentum above the $222 and $226 resistance levels.There is a major bearish trend line forming with resistance near $222 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a nice upward move above the $221 and $222 resistance levels.Bitcoin cash price is showing positive signs above the $210 level against the US Dollar. BCH/USD is likely...
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