Bitcoin Cash Price Analysis: BCH/USD Holding Key Support

Key Points Bitcoin cash price is holding an important support near $800 against the US Dollar. There is a contracting triangle forming with support near $805 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the $830 and $840 resistances to gain traction in the near term. Bitcoin cash price remains supported above $800 against the US Dollar. BCH/USD is about to make the next move either above $830 or below $800. Bitcoin Cash Price Resistance Yesterday, we saw a minor…

Bitcoin Cash Price Analysis: Can BCH/USD Hold This Support?

Key Points Bitcoin cash price started a downside correction and declined below $840 against the US Dollar. This week’s highlighted major bullish trend line was breached with support near $830 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently testing a crucial support near $800 and it remains at a risk of more declines. Bitcoin cash price corrected sharply lower from $890 against the US Dollar. BCH/USD must stay above the $800 support to avoid further slides. Bitcoin Cash Price Support Yesterday, we…

Bitcoin Cash Price Analysis: BCH/USD Could Test $900

Key Points Bitcoin cash price surged higher and broke a major resistance near $850 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support near $810 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to accelerate gains above the $875 level and it could test $900 in the near term. Bitcoin cash price rocketed higher and broke the $850 barrier against the US Dollar. BCH/USD remains in a major uptrend and it could test $900. Bitcoin Cash Price…

Bitcoin Cash Price Analysis: BCH/USD Surging Higher

Key Points Bitcoin cash price gained traction and moved above the $760 and $780 resistances against the US Dollar. There is a short-term bullish trend line forming with support near $788 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is in a major uptrend and it is likely to accelerate higher above $800 in the near term. Bitcoin cash price jumped sharply towards $800 against the US Dollar. BCH/USD is gaining bullish momentum, which could lead it towards $850. Bitcoin Cash Price Trend There…

Bitcoin Cash Price Weekly Analysis: Can BCH/USD Break This?

Key Points Bitcoin cash price tested the $650-660 support area and recovered against the US Dollar. There is a crucial bearish trend line in place with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the trend line, $710 and $730 resistances to gain upside momentum. Bitcoin cash price is slowly recovering above $680 against the US Dollar. BCH/USD needs to gather pace above $710 to start an uptrend in the near term. Bitcoin Cash Price Resistance This…

Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

Key Points Bitcoin cash price declined further, but it found support near the $660 level against the US Dollar. This week’s highlighted key bearish trend line is still in place with current resistance near $718 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must break the trend line, $720, and the 100 hourly simple moving average to gain traction. Bitcoin cash price is slowly recovering above $680 against the US Dollar. BCH/USD has to break the 100 SMA to start a decent upside move.…

Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $680

Key Points Bitcoin cash price remained in a range and consolidated above the $680 support against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with current resistance near $720 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair remains at a risk of more losses as long as it is below the $710 and $720 resistance levels. Bitcoin cash price is struggling to move above $710 against the US Dollar. BCH/USD is currently consolidating and it remains at a risk of further…

Bitcoin Cash Price Analysis: BCH/USD Extending Losses

Key Points Bitcoin cash price declined further and broke the $730 support area against the US Dollar. There was a break below a key bullish trend line with support at $740 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to move down towards the last swing low and support at $700. Bitcoin cash price extended its downside correction below $740 against the US Dollar. BCH/USD is likely to extend its decline further towards the $700 support. Bitcoin Cash Price Decline There was…

Bitcoin Cash Price Weekly Analysis: Can BCH/USD Recover Further?

Key Points Bitcoin cash price found support around the $700 handle and recovered against the US Dollar. There is a major bullish trend line formed with support at $730 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair may dip a few points, but it remains supported near the $730 and $710 levels. Bitcoin cash price is placed nicely above the $700 pivot level against the US Dollar. BCH/USD could accelerate gains above the $780 level in the near term. Bitcoin Cash Price Support This…

Bitcoin Cash Price Analysis: BCH/USD Struggling Below $760

Key Points Bitcoin cash price failed to remain above the $760 support and declined against the US Dollar. There was a break below a key bullish trend line with support at $748 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently holding the $720 support, but it may struggle to gain upside momentum. Bitcoin cash price declined below $760 against the US Dollar. BCH/USD must stay above the $720 support to avoid more declines in the near term. Bitcoin Cash Price Decline There…