Bitcoin Nyiaj Ntsuab (BCH) Nqe Kev Ntsuam Xyuas: Tawm tsam nyob rau hauv qhov nruj, qhov muag qhov $ 380 siab

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Ntsiab Highlights
BCH has continued to fluctuate between $280 and $320
Bitcoin Cash has a target price of $380 if the uptrend resumes

Cov Nyiaj Txiag Bitcoin (BCH) Cov Ntaub Ntawv Tam Sim No
Tus nqi tam sim no: $306.54 
Kev Lag Luam Kev Lag Luam: $ 5,666,513,152
Cov Lag Luam Loj: $ 1,769,341,099 
Cov chaw xa khoom loj: $ 325,, $ 350, $ 375
Cov aav loj uas xav tau: $ 200, $ 175, $ 150

Kev Ntsuas Nyiaj Bitcoin (BCH) Kev Tshawb Fawb Lub Yim Hli 10, 2020
Buyers and sellers are still tussling with price in the $280 and $320 price range. The price consolidation is away from the overhead resistance. The price action is also characterized by small body candlesticks like the Doji and Spinning tops. These candlesticks describe the indecision between buyers and sellers about where the market will trend.

A possible breakout or breakdown is expected. Nonetheless, the bulls have greater chances than the bears as a breakout will catapult the coin to a high of $380 price level. Conversely, where the bulls fail to break the current resistance the market will be compelled to a sideways move below the resistance for a few more days.

BCH / USD - Daim Ntawv Qhia Txhua Hnub

Bitcoin Nyiaj Ntsuas Kev Ntsuas Kev Nyeem
The crypto is rising in an ascending channel. The coin will resume a further upward movement if price breaks and closes above the resistance line. Similarly, BCH will fall if price breaks and closes below the support line. The coin is at level 62 of the Relative Strength Index period 14. It indicates that the price is in the bullish trend zone and may rise.

BCH / USD - Daim Ntawv Qhia Txhua Hnub

xaus
Since price is above the EMAs, BCH has a chance of an upward move. According, to the Fibonacci tool, a red candle tested the 0.618 retracement level. This means that BCH will rise and reach the 1.618 extension level. That is, we should expect the market to reach a high of $380.



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