I-Bitcoin Cash (BCH) Ukunyuka okuPhezulu kugxilwe kwi- Resistance ye- $ 540

UAzeez Mustapha

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EziPhambili
BCH has fallen to $387 low
BCH battles resistance at level $540

I-Bitcoin Cash (BCH) yezibalo zangoku
Ixabiso langoku: $ 494.93
Intengo yeNtengiso: $ 10,394,679,319
Umthamo wokuThengisa: $ 10,394,679,319
Iindawo ezinkulu zokubonelela: $ 700, $ 720, $ 740
Iindawo ezifuna kakhulu: $ 250, $ 230, $ 210

Bitcoin Cash (BCH) Uhlalutyo lwamaxabiso ngoJulayi 5, 2021
Ukusukela nge-23 kaJuni, I-Bitcoin Cash (BCH) has been making upward moves. For the past week, BCH has risen from the low of $387 to a high of $540. The upward move has been repelled at the resistance of $540. Buyers could not penetrate the recent high as BCH retraces after the second rejection. The market will continue its rise if the bulls break the resistance at $540. Meanwhile, on June 29 uptrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.618 Fibonacci extension or level $619.06.

I-BCH / i-USD - Itshati yemihla ngemihla

Ukutsalwa kwezalathi zeBitcoin Cash Technical
BCH has risen to level 42 of the Relative Strength Index period 14. It indicates the market is still in the downtrend zone and below the centerline line 50. The altcoin is capable of falling in the bearish trend zone. Also, the altcoin is below the 20% range of the daily stochastic. BCH has fallen to an oversold region.

I-BCH / USD-4 Itshathi yeYure

isiphelo
Bitcoin Cash is rising on the upside. The crypto’s price is consolidating above the $430 support. Meanwhile, on July 3 uptrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.618 Fibonacci extension or level $ 538.33. From the price action, BCH has retested the 1.618 Fibonacci extensions and fallen to the $489 low.


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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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