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Last week, some cryptocurrencies tried to recover after the recent price drop. However, this led them into overbought territory. Weekly cryptocurrency price analysis of TON, RUNE, BCH, VET and AAVE from Coinidol.com.
According to recent data analysis from dedicated sites, Bitcoin Cash (BCH) has been experiencing a resurgence in the market, with its price rallying towards $300. The data suggests that the uptrend in BCH's price is due to bullish whales who invested $15.4 million in September 2023 to keep BCH afloat amid bearish headwinds.
After defending the $180 support last week, Bitcoin Cash (BCH) reclaimed $220 on Monday to emerge as the top gainer among the 20 largest crypto projects by market capitalization. On-chain data analysis examines some of the vital indicators that could push BCH's price toward the $300 mark during the next bull rally.
Solana neared the $20.00 level on Monday, as bullish sentiment returned to cryptocurrency markets to start the week. The rise in momentum comes as focus shifts to the upcoming Federal Open Market Committee (FOMC) meeting. Bitcoin cash was another notable gainer today. Solana (SOL) Solana bulls pushed the token towards the $20.
Over the weekend, BCH experienced a slight dip, returning to test the 50-day EMA's resilience. Yet, as Monday rolls in, kickstarting a new week, BCH records an intraday growth of 1.51%. This post-retest reversal heightens the anticipation of a bullish resurgence.
A likely BCH short-term range extension ahead of the FOMC Meeting could provide bulls with extra gains.
In the ever-evolving world of cryptocurrencies, Bitcoin Cash (BCH) is making waves with a substantial 11.7% surge in its weekly price, bringing it to a respectable $211.9. As investors and crypto enthusiasts alike closely watch this development, BCH currently boasts a market capitalization of $4.1 billion and a trading volume of $159 million.
Bitcoin Cash (BCH) price has risen in the past four straight days as the mood in the cryptocurrency industry improves. It rose to a high of $223.54, the highest level since August 30th. Other cryptocurrencies like Ethereum, ThorChain, Axie Infinity, and VeChain have also bounced back.
During the cool-off phase of the 200% jump in June, the BCH price retested the 200-day EMA close to the $180 mark. The short-term correction phase led to a resistance trendline with lower low formations. With the recent bullish comeback, the Bitcoin Cash price breaks the resistance trendline, signaling a breakout rally.
Bitcoin cash started a strong increase above the $200 and $210 levels against the US Dollar. The price is now trading above the $210 zone and the 55 simple moving average (4 hours).
Bitcoin Cash is on the move, but can it reclaim its former glory? Find out what's behind its rise and the hurdles it faces.
The Bitcoin Cash (BCH) price has increased since August 17, breaking out from a corrective pattern in the process.
Bitcoin Cash's 13% pump over the past day takes the altcoin above the $200 psychological level after finding support at the $186 price zone.
Bitstamp, one of the leading cryptocurrency exchanges, announced today that it will offer boosted annual percentage yields (APY) of up to 6% on a range of cryptocurrencies including Ethereum (ETH), XRP, Tether (USDT), Bitcoin Cash (BCH), and Litecoin (LTC).
Bitcoin cash was one of Tuesday's biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged in today's session.
In the ever-volatile world of cryptocurrencies, Bitcoin Cash (BCH) has emerged as a beacon of stability in recent days, while its more prominent counterparts, Bitcoin and Ethereum, grappled with significant price fluctuations. Despite facing its fair share of challenges, BCH has managed to chart a relatively steady course, showcasing its resilience within the crypto ecosystem.
Following the 200% jump in BCH price in June 2023, the Bitcoin Cash price reached the height of $300. However, facing extreme selling pressure at higher levels, the Bitcoin Cash price is undergoing a short-term correction, leading to a significant downfall. Currently, Bitcoin Cash is bouncing between two key Fibonacci levels: 61.80% and 38.20%.
Bitcoin Cash price is holding the key $180 support against the US Dollar. BCH seems to be aiming for a fresh increase toward the $205 and $220 levels.
Bitcoin Cash (BCH) price slipped below $190 on Sunday, once again putting the critical $180 support at risk. On-chain data reveals that whale investors have made fresh inflows of $6 million in September.
BCH cracked the $190 support and could drop further if bulls fail to reclaim it.
A widely followed crypto analyst is warning that one Dogecoin (DOGE) rival could suddenly collapse as the digital assets markets stagnate. Pseudonymous analyst Kaleo tells his 596,300 Twitter followers that Pepe (PEPE) could decline by more than 50% from its current value.
Bitcoin Cash's short-term support of $190 has proven steady since August, but a double roadblock near $200 could derail further upside.
What are ETFs? In the world of investing, Exchange-Traded Funds (ETFs) have established themselves as a popular and cost-effective way for individuals to diversify their portfolios.
Bitcoin Cash witnessed a staggering 200% price surge in June, drawing significant attention from traders and investors alike. However, following this astronomical rise, a downtrend correction ensued, with Bitcoin Cash now finding support at the $180 mark, priming it for a bullish spike that's contesting the resistance trend line.
