Key Points Bitcoin cash price traded as high as $637 and later corrected lower against the US Dollar. There was a break below a key bullish trend line with support at $605 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near a major support at $575…
Key Points Bitcoin cash price rallied above the key $600 resistance against the US Dollar. There is a major bullish trend line formed with support at $580 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may correct lower, but dips towards the $580 zone remain supported in the near…
Ahead of its hard fork, Bitcoin Cash surged as high as 29 percent during the weekend trading session. All the eyes are now on whether the altcoin can swell any further, especially when it promises to offer holders free tokens after its blockchain splits. Trading Sentiment around Coin Forks Traders tend to behave bullishly whenever…
Key Points Bitcoin cash price rallied recently and broke the $450 and $460 resistances against the US Dollar. There was a break above a major bearish trend line with resistance at $430 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair may correct lower in the short term before buyers…
Key Points Bitcoin cash price is slowly recovering towards the key $430 resistance against the US Dollar. This week’s followed important bearish trend line is intact with resistance at $430 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must break the trend line and $430 to gain momentum in…
Key Points Bitcoin cash price dipped sharply and retested the $410 support area against the US Dollar. There was a break above a connecting bearish trend line with resistance at $415 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could correct lower towards $418 or $415 before it can…
Coincheck, the Tokyo-based cryptocurrency exchange victim of a $500 million worth theft, has resumed new account openings, customer deposits, and purchasing of some digital currencies. The operator had suspended some services following the late January incident in order to protect customers’ assets and investigate the cause of hacking. Coincheck Exchange Resumes Trading of BTC, ETC,…
Key Points Bitcoin cash price is forming a decent support near the $430-432 zone against the US Dollar. There was a break above a key bearish trend line with resistance at $434 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may slowly recover towards the $440 and $442 levels…
Key Points Bitcoin cash price remained under pressure below the $450 and $460 resistances against the US Dollar. There is a major bearish trend line in place with resistance at $436 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair could rise in the short term towards the $450 or…
Key Points Bitcoin cash price declined sharply, but it found support near the $420 level against the US Dollar. There was a break above a major bearish trend line with resistance at $435 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair may well continue to move higher once there…