Tag Archives: Bitcoin Cash (BCH) Price

BitcoinBitcoin witnessed a 22% price increase over the past seven days as it bounced from the $5,000 level and climbed back above $6,000 to reach the current price of $6,500. It had found strong support at $4,800 during the March market crash and traded sideways between here and $6,000 for the past week until breaking above in yesterday’s session.From above, the first level of resistance lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), and $7,500....

Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly on the bearish side, and we should continue to expect further declines this week within the market. Once the rising trend line is broken, support is found at the downside...

BCH is one of the biggest gainers over the last 24 hours..Bitcoin Cash is following bullish sentiment across its trading pairs.Sellers are waiting to scalp gains from potential pullbacks.BCH/USD: BCH Bounced Back After Major Corrections, Poised For More GainsKey Support Levels: $423, $500Key Resistance Levels: $310, $275Since the entire crypto market recovered from the eight days correction, Bitcoin Cash has seen about a 13% increase, touching $375 on the day. As one of the biggest gainers in...

BitcoinBitcoin has dropped by a small 5% over the past week as it hovers around the $8,400 level. It found strong resistance at the $8,963 level (bearish .786 Fib Retracement) and was unable to overcome it. The latest retracement was expected, considering that Bitcoin managed to surge by over 30% in January to reach a high of around $9,150. It found support at the 200-days EMA at around $8,200 in today’s trading session, which allowed it to bounce back above $8,400. Unfortunately, the RSI has...