Tag Archives: bch

Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the...

Japanese multinational conglomerate holding company SoftBank has announced its decision to unite its search engine Yahoo Japan with a popular chatting app Line owned by Naver Corp. Within the agreement, Yahoo Japan and Line will merge and create a joint business to develop new opportunities for protecting themselves against competitors.According to the announcement, SoftBank and Naver will each hold 50% of a new holding company that will operate both Line and Z Holdings (Yahoo Japan’s...

Bitcoin cash price is under a lot of pressure as it broke the $288 support against the US Dollar.The price is currently trading near a major support at $269, with a bearish angle.There are two major bearish trend lines forming with resistance near $280 and $290 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses below the $269 support area.Bitcoin cash price is facing an increase in selling below $280 against the US Dollar. BCH/USD might...

Bitcoin cash price is facing a strong resistance near the $308 level against the US Dollar.The price is currently trading above a couple of key supports near the $288 and $282 levels.There is a major bullish trend line forming with support near $286 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could decline further if there is a break below $286 and $284.Bitcoin cash price is correcting gains below the $300 level against the US Dollar. BCH/USD might extend its...

Photo: ShutterstockDmitriy 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.The Bitcoin keeps correcting inside a flat. There are expressed resistance and support areas on the chart but the quotations have not yet managed to escape the channel. There are chances that, however, the leading cryptocurrency might break through the upper border of the range...

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

Bitcoin cash price rallied recently and climbed above the $280 resistance against the US Dollar.The price is currently consolidating above $180 and seems to be setting up for the next break.There is a major breakout pattern forming with resistance near $284 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could either rally again above $285 or it might extend its correction to $260.Bitcoin cash price is trading in a nice uptrend above $280 against the US Dollar....

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.The buyers managed to demonstrate a good bounce upwards. Currently, such assets as the Bitcoin or Bitcoin Cash promise interesting growth. While on the BCH/USD chart there seems to be a reversal Head and Shoulders pattern forming, hinting on further growth, the Bitcoin is yet preparing for leaving the borders of the channel and go on rising confidently.Unfortunately, the Ethereum, Litecoin, and EOS remain under pressure....

Bitcoin cash price declined heavily and traded below the $220 and $211 supports against the US Dollar.The price is currently correcting higher and it is trading above the $211 level.There is a major bearish trend line forming with resistance near $218 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the $218 and $220 resistance levels to continue higher in the near term.Bitcoin cash price is facing a strong resistance near $220 against the US Dollar. If...

Bitcoin cash price is struggling to rebound and is trading below $225 against the US Dollar.The price is currently declining and it could slide below the $210 and $205 supports.There is a key bearish trend line forming with resistance near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break $220, $225 and $230 to start a fresh increase in the near term.Bitcoin cash price is facing a lot of hurdles near $225 against the US Dollar. If BCH/USD breaks the...