Anailís Praghais Bitcoin Cash (BCH): Diúltú Aghaidheanna BCH ag Friotaíocht $ 481, Buail isteach go $ 326 Íseal Dóchúil

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THEILEAGRAM

TORTHAÍ

Buaicphointí Key
BCH price breaks the previous price range of $400 and $440
BCH reached a high of $632 but pulled back

Staitisticí Reatha Bitcoin Cash (BCH)
An praghas reatha: $ 469.53
Caipitliú Margaidh: $ 9,879,773,209
Imleabhar Trádála: $ 15,145,201,500
Mórchriosanna soláthair: $ 400, $ 420, $ 440
Criosanna éilimh mhóra: $ 250, $ 230, $ 210

Anailís Praghais Bitcoin Cash (BCH) 11 Eanáir, 2021
The altcoin rallied to $640 high but faced rejection at the recent high. BCH corrected and fell back to the range-bound zone. The retracement canceled out the recent rally on January 9. Today BCH has resumed a fresh uptrend to retest the $632 high. On the upside, if the bulls can push the price to $500, the upside momentum will resume. The coin will have the opportunity of retesting the $640 resistance. However, if the bulls fail to break into the previous highs the coin will be range-bound above the $440 support level.

Cash Technical Indicators Reading
BCH price broke the resistance line but fell back into the ascending channel. However, if price breaks and closes above the resistance, BCT will resume an upward move. Bitcoin Cash has fallen to level 58 of the Relative Strength index period 14. It indicates that the coin is in the uptrend zone.

Conclúid
BCH is presently on a downward move. The Fibonacci tool has indicated a downward movement of the coin. On January 11 downtrend; the retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that BCH is likely to fall to level 1.272 Fibonacci extensions. That is the coin will reach the low of $326.50.


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