Bitcoin Cash Price Analysis: BCH/USD Could Retest $860

2018-7-30 07:08

Key Points Bitcoin cash price is trading with a positive bias above the $800 support against the US Dollar. There is a major bearish trend line in place with resistance near $830 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair has to break the $830 resistance to climb higher towards the $860 resistance.

Bitcoin cash price is likely to trade higher above $840 against the US Dollar. BCH/USD may perhaps test $860, which is a key resistance for buyers.

Bitcoin Cash Price Resistance

There was a solid support formed near the $780 level in bitcoin cash price against the US Dollar. The BCH/USD pair started an upward move and traded above the $800 resistance. Buyers were successful in pushing the price above the 50% Fib retracement level of the last decline from the $863 high to $778 swing low. It opened the doors for more gains and the price settled above $820 and the 100 hourly simple moving average.

However, the price was not able to close above the 61.8% Fib retracement level of the last decline from the $863 high to $778 swing low. Moreover, a major bearish trend line with resistance near $830 is acting as a hurdle on the hourly chart of the BCH/USD pair. The pair is currently trading near the trend line and $830 resistance. Should there be a break above the $830 resistance, the price will most likely climb above the $840 level. On the upside, the next target for buyers could be near the last swing high at $860.

Looking at the chart, the price is placed in a positive zone above $820 and the 100 SMA. Below this, the price could revisit the $800 support area in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for BCH/USD is mostly flat in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is currently near the 50 level.

Major Support Level – $800

Major Resistance Level – $830

The post Bitcoin Cash Price Analysis: BCH/USD Could Retest $860 appeared first on NewsBTC.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin Cash (BCH) на Currencies.ru

$ 466.78 (-0.97%)
Объем 24H $362.141m
Изменеия 24h: 1.00 %, 7d: -7.66 %
Cегодня L: $466.78 - H: $474.11
Капитализация $9.201b Rank 16
Цена в час новости $ 816.368162 (-42.82%)

bch bitcoin usd cash price 830 pair

Источник: newsbtc.com

bch bitcoin → Результатов: 126


DeFi Lender Nexo Is Now Offering Instant Credit Lines for Bitcoin Cash (BCH)

Nexo is one of the most successful crypto lenders on the market and has developed the BCH lending service in collaboration with Bitcoin.com. By making BCH-backed loans available on their platform, it enables BCH holders to take loans against their assets instead of having to sell when needing liquidity. This increases the utility of the […]

2019-12-16 21:19


Макс Кайзер спрогнозировал обвал стоимости BCH и BSV на 90%

По мнению телеведущего Макса Кайзера, вступление криптовалютного рынка в «красную» зону приведёт к ещё большему ослаблению альткоинов. Он уверен, что цифровые валюты, конкурирующие с биткоином, понесут колоссальные потери, и уже точно мы не увидим приход так называемого «альтсезона».

2019-9-3 17:47


Макс Кайзер спрогнозировал обвал стоимости BCH и BSV на 90%

По мнению телеведущего Макса Кайзера, вступление криптовалютного рынка в «красную» зону приведёт к ещё большему ослаблению альткоинов. Он уверен, что цифровые валюты, конкурирующие с биткоином, понесут колоссальные потери, и уже точно мы не увидим приход так называемого «альтсезона».

2019-8-29 16:44


Фото:

Bitcoin Cash Multi-Party Escrow, Vitalik Buterin Suggests BCH as Data Layer for ETH

Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer, and more BCH-accepting merchants were onboarded.

2019-7-16 00:56


Фото:

Bitcoin Cash Update: Multi-Party Escrow, Vitalik Suggests BCH as Data Layer for ETH

Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer, and more BCH-accepting merchants were onboarded.

2019-7-16 00:56


Bitcoin Cash’s [BCH] Roger Ver accuses Tone Vays of losing BCH vs BTC bet despite ‘cheating’

Bitcoin [BTC] has often been reprimanded by the Bitcoin fork coin maximalist due to its scalability, block size, and mining fees, among other things. The debate surrounding the digital coins at the joint edition of CC Forum and Malta AI & Blockchain Summit witnessed an argument between BCH’s Roger Ver and Bitcoin maximalist Tone Vays.

2019-5-26 17:30


Bitcoin Cash (BCH) или BCash? Что бы сказал Сатоши? Часть вторая

Наиболее известный имперсонатор Bitcoin — четвертая по величине криптовалюта на рынке, Bitcoin Cash (BCH) или BCash, как утверждают его противники. Роджер Вер, известный как “Биткойн Иисус” за свое раннее начинание в мире криптовалют, совершенно справедливо ненавидит текущее состояние BTC.

2019-5-25 15:01


Фото:

Инвестиции в криптовалюту: Bitcoin Cash (BCH)

«Bitcoin Cash (BCH) — это настоящий биткоин, лишенный изъянов и недостатков цифрового золота» — Roger Ver, главный сторонник этой электронной банкноты. С чего всё начиналось? История BCH По мере возрастания внимания к биткоину повышалась численность транзакций.

2019-4-3 11:56


За прошедшую неделю было перемещено 40% Bitcoin Cash

Похоже, что в последние время кто-то занялся активным перемещением средств на рынке Bitcoin Cash (BCH). Согласно данным, предоставленным bitinfocharts, за последнюю неделю было перемещено монет на сумму $1,43 млрд, что составило почти 40% капитализации BCH, что достаточно необычно для данной криптовалюты.

2018-12-17 10:56


Фото:

BCH Upgrades: What’s New and What’s Next

It’s been two weeks since the Bitcoin Cash (BCH) hard fork that upgraded the BCH chain and resulted in a blockchain split. But although many people have been focusing on the birth of Bitcoin SV, a number of BCH proponents are already moving forward and discussing the network’s latest upgrades, as well as the next hard […] The post BCH Upgrades: What’s New and What’s Next appeared first on Bitcoin News.

2018-11-29 03:10


Разработчики BSV положили конец «войне хэшрейтов»

Bitcoin Cash (BCH) разделился на две сети в результате хардфорка чуть больше недели назад, а между возникшими криптовалютами уже разыгралась нешуточная конкуренция. Майнеры Bitcoin Cash SV (BSV) и Bitcoin Cash ABC (BCH ABC) начали наращивать хэшрейты и длину цепочек.

2018-11-27 14:30


Bitcoin Cash (BCH) fork, Binance “maintenance” and market dump coincidence?

There were couple of interesting coincidences that were simultaneous with today’s monumental crash of bitcoin and crypto prices. The long raging civil war in the BCH camp that will end in a malignant and bloody split with one of the chains probably dying is certainly one of the plausible explanations for the crash even though […] The post Bitcoin Cash (BCH) fork, Binance “maintenance” and market dump coincidence? appeared first on CaptainAltcoin.

2018-11-15 03:04


Фото:

BCH Roundup: Merchant Adoption, Wallet Services, and Hackathons

Another busy week has passed for Bitcoin Cash (BCH) proponents as there continues to be an influx of bitcoin cash adoption, new platforms, and improved infrastructure. Also read: Popular Discussion Board 4chan Now Accepts Cryptocurrencies for Passes Bitcoin Cash (BCH) Market Action Every week there’s an awful lot of developments happening within the BCH ecosystem and […] The post BCH Roundup: Merchant Adoption, Wallet Services, and Hackathons appeared first on Bitcoin News.

2018-10-3 00:55


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Spanish City Lebrija Launches Local Virtual Currency ‘Elio’

The city council of Lebrija has created a virtual currency ‘Elio’ that can only be used for payments made to small and medium businesses, according to a report by Diario de Sevilla. Read more: Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources

Bitcasino Announces XRP Support, Bringing Fast Transactions and Low Fees to the Game

Bitcoin Press Release: Leading bitcoin casino Bitcasino has added support for the third largest cryptocurrency XRP, allowing all platform users to bet with ripple.    16 April 2020 – The world’s first licensed Bitcoin-led casino operator, Bitcasino, now accepts Ripple payments, making XRP the next cryptocurrency to enjoy the casino’s wide range of games.