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Jenfasizza ewlenin
BCH is likely to drop to $197.08
BCH is currently consolidating above $215
Bitcoin Cash (BCH) Statistiċi Kurrenti
Il-prezz kurrenti: $ 220.67
Kapitalizzazzjoni tas-Suq: $ 4,090,436,535
Volum tal-Kummerċ: $ 1,269,709,387
Żoni ta 'provvista maġġuri: $ 325,, $ 350, $ 375
Żoni ta 'domanda maġġuri: $ 200, $ 175, $ 150
Bitcoin Cash (BCH) Analiżi tal-Prezzijiet 5 ta 'Ottubru, 2020
On October 2 breakdown, BCH fell from the high of $223 to the low of $212. The price was corrected upward to $222 and resumed consolidation above $215 support. Presently, the price is consolidating in a tight range.
To resume the upward move, price must break above the $225 price level. On the downside, the selling pressure will resume if the price break below the $212 low, this will catapult price to reach the critical support level. However, if the current support holds the market will move up. Meanwhile, the coin is trading ar $220 at the time of writing.
Qari tal-Indikaturi Tekniċi tal-Flus Bitcoin
BCH is at level 43 of the Relative Strength Index period 14. It indicates that the coin is in the downtrend zone and below the centerline 50. The EMAs are sloping southward indicating the downward move.
konklużjoni
The downward movement is gradually approaching the critical support at $200. The downtrend will continue if the price breaks the $200 support. That is, on October 2 downtrend, the retraced candle body tested the 50% Fibonacci retracement level. This implies that will fall and reach the 2.0 Fibonacci extension level or b$197.08.
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