Bitcoin Cash (BCH) Fluctuates i le va o Laʻasaga $ 620 ma le $ 715, Uptrend Atonu

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Ua feagai le BCH ma le teʻena i le $ 715
BCH/USD is range bound between $620 and $715

Bitcoin Cash (BCH) Faʻamaumauga o loʻo iai nei
Le tau o loʻo i ai nei: $ 671.51
Mataʻitusi Maketi: $ 14,101,658,243
Fefaatauaiga: $ 2,949,463,991
Nofoaga tetele sapalai: $ 700, $ 720, $ 740
Matua sone manaʻoga: $ 250, $ 230, $ 210

Bitcoin Cash (BCH) Iloiloga o Tau Aukuso 16, 2021
Binance Coin (BCH) rallied to $715 but resumed sideways move below the resistance. For the past week, buyers have not been able to push the crypto above the resistance line. In the first uptrend, BCH fell to $620 low after rejection. In the second uptrend, BCH’s price has been fluctuating below the resistance zone. On the upside, if the bulls break above the resistance, BCH will rally above $800 high. However, the sideways move below the resistance will continue if the resistance level remains unbroken. Meanwhile, on the August 16 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.618 Fibonacci extensions or level $836.29.

Bitcoin Cash Technical Indicators Faitauina
BCH is at level 63 of the Relative Strength Index period 14. It indicates that the crypto is in the bullish trend zone and capable of rallying on the upside. The 21-day and 50-day SMAs are pointing northward indicating the uptrend. The coin has a bullsh crossover as the 21-day SMA crosses above the 50-day SMA. This indicates a buy signal.

iʻuga
Further upsides are likely as buyers struggle to break above the $715 resistance line. Meanwhile, on the August 21 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that BCH will rise to level 2.0 Fibonacci extensions or level $777.22


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