Over the past day, the altcoins flashed mixed trading signals. Many altcoins continued to project monthly bullish price trajectories, but the near-term technical indicators hinted a preference for the bears.
Altcoins like Bitcoin Cash, BAT, Zcash were no exceptions as the indicators slightly preferred the sellers and hinted at possible ease in bearish influence. Moreover, the aforementioned coins depicted a weak directional trend.
TradingView, BCH/USDT
BCH’s price oscillated laterally within the bounds of its immediate resistance and support points at $653.3 and $553.9, respectively. Over the past 38 days, the altcoin has noted higher lows on its trendline after registering a 23.94% ROI (38-day). Since September’s end, the bulls displayed
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