Today news
About the same in other media
Bitcoin Cash: This resistance trifecta could spoil chances of a 20% rally
Reading now: 711
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
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
Bitcoin Cash eyes pickup at this near-term support zone ambcrypto.com /2 years ago
Show more
The website gocryptonft.com 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.
