I-Bitcoin Cash (BCH) Slumps emva kokuphinda uzame i-1,600 yeNkcaso, ukunyukela phezulu akunakulindeleka

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Iimpawu eziphambili ``
I-BCH izabalazela ukophula ngaphezulu kwe- $ 1,000 yokuxhathisa
I-altcoin inexabiso ekujoliswe kulo le- $ 1,966 ephezulu

I-Bitcoin Cash (BCH) yezibalo zangoku
Ixabiso langoku: $ 1,427.16
Intengo yeNtengiso: $ 30,075,515,477
Umthamo wokuThengisa: $ 30,075,515,477
Iindawo ezinkulu zokubonelela: $ 700, $ 720, $ 740
Iindawo ezifuna kakhulu: $ 250, $ 230, $ 210

Utshintsho lwexabiso le-Bitcoin Cash (BCH) ngoMeyi 10, 2021
BCH price has rallied to retest the $1,600 resistance and pulled back. The bulls could not breach the recent high. In the previous price action, BCH fell to $1,300 low after retesting the resistance level. On May 5 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 level. That is, the high of $2,031.35. Nonetheless, if the bulls break the $1,600 resistance, the market will rally to a $2,000 high. On the other hand, if the bears break the current support at $1,200, BCH will decline to either $1,000 or $800.

Ukutsalwa kwezalathi zeBitcoin Cash Technical
BCH is already at level 69 of the Relative Strength Index period 14. The market has reached the overbought region of the market. BCH is likely to fall on the downside if sellers emerge. The 21-day and 50-day SMA are sloping upward.

isiphelo
BCH/USD price has been stalled at $1,600. On the 4 –hour chart, the altcoin price is in a sideways move. BCH price is falling after retesting the resistance twice. On May 5 uptrend, a retraced candle body tested the 78.6 % Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.272. On May 6, BCH has tested the 1.272 Fibonacci extension and reversed it.

Unokuthenga iingqekembe ze-crypto apha: Thenga Iingqekembe

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