Why Bitcoin Cash Is Trading Sharply Lower
Bitcoin Cash (CRYPTO: BCH) is trading sharply lower going into the close of Tuesday's U.S. trading session. The altcoin is lower by 13.00% to $102.
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Bitcoin Cash (CRYPTO: BCH) is trading sharply lower going into the close of Tuesday's U.S. trading session. The altcoin is lower by 13.00% to $102.
Bitcoin cash is attempting a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours).
Bitcoin Cash (BCH) is in an upward correction and is encountering resistance at $120. The cryptocurrency is bearish as it could hit a low of $110.
Bitcoin Cash has posted decent gains recently and climbed from $104 to $116 over the past week. At press time, the technical indicators showed the sentiment began to shift to bearish.
Bitcoin Cash (BCH) is in a downtrend, but is making an upward correction. The price of the cryptocurrency has risen above the moving average lines. However, the cryptocurrency is stuck below the 50-day line SMA.
Bitcoin Cash (CRYPTO: BCH) is trading higher by 4.29% to $113.42 during Tuesday afternoon. Shares of several altcoins are trading higher in sympathy with apex cryptocurrency Bitcoin and second-largest market cap crypto Ethereum and U.S. equities.
Bitcoin Cash price is entangled in a futile tug-of-war between the bulls and bears. This fruitless search for a bottom as the bear market wreaks havoc is not unique to the Bitcoin (BTC) fork.
The price of Bitcoin Cash (BCH) is in a downtrend, finding support above the $101.94 price level.
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Comparative analysis of the price performance of these four cryptocurrencies reveals a merciless comparison
Sharing a statistically significant positive correlation with the leading coin Bitcoin [BTC], Bitcoin Cash [BCH] logged a decline in its price in the last week. According to data from the cryptocurrency analytics platform CoinMarketCap, the price per BCH coin fell by 8% in the past seven days.
As captured in the publication, $500 million worth of loan would be offered by Binance Pool for a term of 18 to 24-month. The interest rate currently ranges from 5 percent to 10 percent in addition to the security that will be offered by the Miner Lending project to physical or digital assets.
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Bitcoin Cash (BCH) price is in a downtrend, falling to the low of $109.03. Today BCH is trading above $110 support.
Bitcoin Cash price (BCH) resumed its upward correction after rising above the moving average lines.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. Bitcoin Cash forms both a triangle pattern as well as a range To buy or not to buy, that is the question Bitcoin [BTC] surfaced above the $20k mark for a few hours.
The crypto market surpassed the $1 trillion capitalization mark yesterday. Although it has slipped below the price peg, the broader crypto market appears to be consolidating. Several assets are very attractive today. In this article, we'll consider the biggest crypto gainers.
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol.
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Bitcoin cash is attempting a fresh increase from the $110 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours).
The completion of the symmetrical triangle pattern is what will determine the direction of Bitcoin Cash price predictions.
Bitcoin Cash (BCH) price is in a downtrend, falling to $110.07.
While not every digital asset will survive, many of the more stable and legitimate cryptocurrencies can be counted on to continue and thrive in the years ahead following the current wave of failures and industry consolidation.
BCH May Recover– September 24The situation now portends that the crypto economy may recover from a point closely above the $100 support baseline as some