The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According to several letters filed with the United States Commodity Futures Trading Commission (CFTC) earlier this month, Coinbase Derivatives will launch monthly cash-settled and margin futures contracts for the cryptocurrencies on or after the coming April Fools’ Day. Futures...
Read More »Bitcoin Cash Analysis: Can Bulls BCH Back To $500?
Bitcoin cash is eyeing a fresh increase above the $420 resistance against the US Dollar. The price is now trading near the $410 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $378 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $420 and $435 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $400 against the US...
Read More »Bitcoin Cash Analysis: Bulls Protect Key Uptrend Support
Bitcoin cash is eyeing a fresh increase above the $450 resistance against the US Dollar. The price is now trading near the $420 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $417 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $440 and $450 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $410 against the US Dollar, like...
Read More »Bitcoin Cash Analysis: Fresh Rally To $550 On The Cards
Bitcoin cash is eyeing a fresh increase above the $450 resistance against the US Dollar. The price is now trading above the $400 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $425 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $435 and $450 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $400 against the US...
Read More »Bitcoin Cash Analysis: Bulls In Control Above $280
Bitcoin cash is eyeing a fresh increase above the $320 resistance against the US Dollar. The price is now trading above the $300 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support at $304 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $315 and $320 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $300 against the US Dollar, like...
Read More »Bitcoin Cash Analysis: Bulls Struggle Near $255
Bitcoin cash price started a downside correction from the $294 zone against the US Dollar. The price is now trading below the $272 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $266 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $255 and $250 support levels. Bitcoin cash price is declining from the $294 zone against the US...
Read More »Bitcoin Cash Analysis: Dips Turn Attractive Near $265
Bitcoin cash price started a downside correction from the $292 zone against the US Dollar. The price is now trading above the $260 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $265 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $265 and $255 support levels. Bitcoin cash price is declining from the $292 zone against the US Dollar,...
Read More »Bitcoin Cash Analysis: Fresh Rally Likely If Bulls Clear $250
Bitcoin cash is eyeing a fresh increase above the $250 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $240 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $258 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US...
Read More »Bitcoin Cash Analysis: Dips Could Be Supported Near $230
Bitcoin cash price started a downside correction from the $245 zone against the US Dollar. The price is now trading below the $240 zone and the 55 simple moving average (4 hours). There is a key declining channel or a bullish flag pattern forming with resistance near $240 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $232 and $230 support levels. Bitcoin cash price is declining from the...
Read More »Bitcoin Cash Analysis: Bears Gain Strength Below $250
Bitcoin cash price started a fresh decline from the $260 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $240 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...
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