Bitcoin cash price started a fresh decline below the $265 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $250 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 $265 resistance zone. Bitcoin cash price is declining below the $255 zone against the US Dollar,...
Read More »Bitcoin Cash Analysis: Bulls Aim For Fresh Rally To $350
Bitcoin cash is eyeing a fresh increase above the $300 resistance against the US Dollar. The price is now trading near the $275 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $285 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $300 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $265 against the US Dollar,...
Read More »Bitcoin Cash Analysis: Fresh Rally Possible To $330
Bitcoin cash is eyeing a fresh rally above the $300 resistance 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 bearish trend line forming with resistance near $289 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $290 and $300 to continue higher in the near term. Bitcoin cash price is consolidating gains above $260 against the US Dollar, unlike...
Read More »Proof of Work Coins Mark Mad Gains on 7D Chart in Hash Cash Frenzy
Proof of work (POW) cryptocurrencies absolutely dominated gains last week. The SEC’s actions and plunging energy prices might be why. Plus, there’s Litecoin’s halving event happening next month. But there’s no denying the market’s recent moves. In fact, proof of work’s dominance during the last week in June was so absolute that four out of the five top gainers on the 7-day pane were such assets: Bitcoin Cash (BCH) 7-day gains: 53% eCash (XEC) 7-day gains: 44% Bitcoin...
Read More »Bitcoin Cash Trading Volume on Upbit Skyrockets as BCH Soars 120% Weekly
The leading South Korean cryptocurrency exchange – Upbit – has recorded a trading volume of more than $350 million for the Bitcoin Cash (BCH)/Korean Won (KRW) pair for the past 24 hours. In comparison, trades involving Bitcoin (BTC) have been three times less. BCH has been among the best performers in the crypto market lately, with its USD valuation up over 180% for the past two weeks. BCH Grabs the Attention of Koreans As revealed by Wu Blockchain, BCH/KRW trades on South...
Read More »Bitcoin Cash Surges to Over 1-Year High amid Rising Trading Volume in South Korea
Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022. Bitcoin Cash (BCH) is experiencing a major increase in price and trading volume due to different reasons. One of the significant factors that have been said to affect its price is that Fidelity, Charles Schwab, and Citadel-backed EDX Markets introduced BCH as part of the assets...
Read More »Bitcoin Cash Analysis: Rally Gains Pace Above $300
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $225 and $250 levels against the US Dollar. The price is now trading above the $280 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $270.00 on the 4-hour chart of the BCH/USD pair (data feed from...
Read More »The Reason Bitcoin Cash (BCH) Surged Over 100% in 7 Days
Bitcoin Cash (BCH) – the most popular hardfork of Bitcoin (BTC)’s blockchain – is up over 117% this week, outperforming Bitcoin’s still sizable 15% rise. As of this writing, its the only coin to see anything close to 2X gains within that time frame. What’s attracting traders and investors to the large-blocker network? Let’s dive in. Bitcoin Cash’s EDX Listing Bitcoin Cash’s seismic gains began on June 21, precisely when the Wall Street-backed crypto exchange EDX Markets...
Read More »Bitcoin Cash Analysis: Rally Seems Unstoppable above $130
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $133.00 on the 4-hour chart of the BCH/USD pair (data feed from...
Read More »Bitcoin Cash Analysis: Bulls Eye Recovery To $115
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $100 resistance against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $105 on the 4-hour chart of the BCH/USD pair (data feed from...
Read More »