Bitcoin Cash continues its bullish run as the coin approaches a high of $480. BCH has made over 90% bullish gains in its current uptrend. The coin has a smooth uptrend. This is not to say that the bears did not put up a fight.
The market consolidated for a week before the $400 resistance was broken. The bulls and bears also tussle with the price as the former overcame to push above the $440 price level. Interestingly, BCH has kept up the current momentum to push above $480. Nonetheless, the resistance at $480 cannot be ruled out as the Bitcoin Cash reaches the peak price of $520.
Đọc chỉ số Bitcoin Cash
Bitcoin Cash has risen to level 77 of the RSI period 14. This indicates that BCH is in the overbought region. The buying is likely to be exhausted as sellers take control of price. In the overbought region, sellers come in to push the prices downward. Nevertheless, buyers are not available in the region to tussle with the sellers. The EMAs are sloping upward indicating the powerful uptrend.
Các vùng kháng cự chính: $ 320, $ 360, $ 400
Các vùng hỗ trợ chính: $ 200, $ 160, $ 120
Hướng đi tiếp theo cho Bitcoin Cash là gì?
In a couple of days to come, we shall have the bull market overriding the bear market. This is courtesy of the powerful uptrend of Bitcoin Cash. Meanwhile, if the current momentum is sustained, BCH will attain a $520 price level. Bitcoin Cash may face selling pressure as we approach overbought market conditions.
Tuyên bố từ chối trách nhiệm. Phân tích và dự báo này là ý kiến cá nhân của tác giả, không phải là khuyến nghị mua hoặc bán tiền điện tử và không được coi là sự chứng thực của Coin Idol. Người đọc nên tự nghiên cứu trước khi đầu tư tiền.
