Bitcoin Cash Price Prediction for Today, July 27: BCH Loses at $135
BCH Loses at $135 – July 27From a close observation technical point of view, Bitcoin Cash loses at the $135 line after hitting resistance around
Keep up with what's happening in the crypto world in real-time.
BCH Loses at $135 – July 27From a close observation technical point of view, Bitcoin Cash loses at the $135 line after hitting resistance around
Bitcoin Cash is up more than 30% from its lowest level so far this year and is almost entering overbought territory. However, BCH enthusiasts that might be worried about missing out still have a chance at catching the boat.
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.
Despite the recent market downturn, retail and institutional investors alike are always on the hunt for potentially lucrative ventures to help them achieve their long-term financial goals. Three cryptocurrencies fit this category in July 2022: Bitcoin Cash (BCH), Chiliz (CHZ), and exciting newcomer Degrain (DGRN).
Bitcoin cash price started a recovery wave from the $100 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours).
The Bitcoin Cash price analysis is giving an edge to the bears, as the price faced loss today. BCH price value is now at $121, after undergoing a decline in the past few hours.
The Bitcoin Cash price is down by a percentage point in today's trading session, marking second consecutive day it is falling.
The price of Bitcoin Cash (BCH) is in a downward correction after rallying and getting stuck at the 50-day line SMA. Since July 13, BCH has been trading marginally as it crossed the 21-day line SMA but failed to break the 50-day line SMA.
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday's peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session.
Our Bitcoin Cash price prediction is still bearish as the coin has failed to show any strength. BCH appears to be in a constant downtrend.
The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin has regained the previous low of $97. The upward correction from July 8 was repelled by the 21-day line SMA. The cryptocurrency fell to the previous low of June 30, which is the $97.32 support.
Shares of several popular altcoins, including Bitcoin Cash (CRYPTO: BCH) and Ethereum Classic (CRYPTO: ETC), are trading lower Monday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO: ETH). The broader cryptocurrency sector was lower throughout weekend trading, and volatile throughout Monday's trading session amid ongoing U.S. economic concerns and ahead of this week's CPI report.
On Saturday, Coinflex, another crypto trading and yield platform, posted another update on their bleak situation. In June, Coinflex announced that it was temporarily halting all withdrawals as well as trading due to crypto market volatility.
Grayscale removed 5 cryptocurrencies from its larger-cap fund at the end of the second quarter and the need to make adjustments on its trusts so let's read more today in our latest crypto news.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Soon after its early April reversal from the $390-zone, Bitcoin Cash [BCH] has been on a steep southbound journey.
With the end of Q2, Grayscale had to make some adjustments on a few of its Trusts, including the Larger Cap one.
The bear market is doing what the bear market does best and shaking out weak hands. People who over-leveraged themselves or perhaps those who bought purely on hype are being severely punished as the market continues to plummet. More and more sell orders hit the market, crypto exchanges become insolvent, and the macroeconomic storm continues …
Grayscale, the world's largest crypto asset manager, has removed several digital currencies from its flagship fund the Digital Large Cap Fund (OTCQX: GDLC), according to details shared in a press release. The asset manager, which recently sued the US Securities and Exchange Commission (SEC) for denying its application of a spot Bitcoin ETF, provided the […] The post Grayscale removes LTC, BCH, LINK, UNI and DOT from the Digital Large Cap Fund appeared first on Invezz.
The world's largest digital currency asset manager has released an update of its Fund Components in respect of the second quarter of 2022. However, the organisation has removed some crypto tokens from its portfolio.
Cardano maintains weighting among large-cap funds as Grayscale removes BCH, LTC and LINK
The Bitcoin Cash price prediction indicates that there is a potential for a drop to $96 if the descending triangle plays out as expected.
Bitcoin Cash (BCH) was one of the hardest-hit digital assets in the market crash of May and this led to a plunge in its market value. The post Bitcoin Cash Market Cap Crashed More Than $1.5 Billion in May appeared first on BeInCrypto.
BCH Resorts to Ranging – June 26After a line of significant falling forces in the BCH/USD market operations, the crypto's price currently resorts to ranging [...]
Bitcoin cash price started a fresh decline from the $150 resistance against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours).