Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 20

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Have cryptocurrencies bottomed out? This is the first question to pop up in any crypto investor’s mind following the recent pullback from the lows. Arthur Hayes, a Bitcoin bull and co-founder of one of the largest crypto exchanges Bitmex is not convinced that…

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…

Crypto Market Drops Slightly After Mini Rally, Ether and Bitcoin Cash Down 5%

After adding more than $20 billion within a 30 minute period, the crypto market has declined in valuation, led by the 5 percent drop of ether and Bitcoin Cash. Over the past 24 hours, the price of Bitcoin Cash, ether, Ripple, and EOS dropped by 4 to 6 percent, while bitcoin remained stable in the $7,300 region. Despite its Relative Strength Index (RSI) demonstrating overbought conditions, the price of bitcoin has not fallen by more than 1 percent since its mini bull run on July 18. Interest From Large Investors…

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 (BCH) Price Watch: Ready for Uptrend Confirmation?

Bitcoin Cash Price Key Highlights Bitcoin Cash also formed a double bottom reversal pattern and appears to be inching past the neckline. In that case, this could confirm that bulls are back in the game and ready to take price much higher from here. Technical indicators are still reflecting the presence of bearish pressure, though. Bitcoin Cash is attempting to break past the neckline of its reversal pattern to signal that an uptrend is in the cards. Technical Indicators Signals The 100 SMA is still below the longer-term 200 SMA…

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, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. When a new asset class resists even after facing numerous hurdles, it forces the asset managers to pay attention and recognize it. We have seen JP Morgan, Goldman Sachs and a few others have already walked down that path. The latest to consider investing…

Ether and Bitcoin Cash Rise 3% as Market Adds $8 Bln, Can it Sustain Momentum?

Over the past 24 hours, the crypto market has added $8 billion to its valuation, as the price of Bitcoin Cash and Ether rose by more than 3 percent. Very Low Volume The bitcoin price came close to breaching the $6,400 level but failed to continue its corrective rally above the $6,400 region. As of July 15, the price of bitcoin remains at around $6,350, after demonstrating a daily gain of around 1.9 percent. Bitcoin Cash and ether, the native cryptocurrency of the Ethereum blockchain network, rose by 3.5 percent,…

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…