Today news
About the same in other media
Bitcoin Cash: This resistance trifecta could spoil chances of a 20% rally
Reading now: 845
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
Underpinned by a risk-on broader market and Bitcoin’s succession to new heights, smaller rival Bitcoin Cash has maintained a consistent uptrend over the last 3 days. In fact, BCH recorded a percentage increase of 16% during this period, lining up six consecutive green candles for only the second time in over a month.
There was even the potential for another 20% should BCH close above the confluence of its value high zone, 61.8% Fibonacci level, and an upper sloping trendline. However, an overbought RSI and a solid resistance zone could weigh heavily on the digital asset’s attempt at an extended rally.
Source:
Read more on ambcrypto.comAbout this in other media
Bitcoin Cash ready for an extended recovery but… ambcrypto.com /2 years ago
Polkadot, Bitcoin Cash, Avalanche Price Analysis: 19 November ambcrypto.com /2 years ago
Dogecoin, Bitcoin Cash, SAND Price Analysis: 18 November ambcrypto.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
