bitcoin Cash Price Analysis: BCH/USD Extending Losses Towards $500 Key Points bitcoin cash price failed to recover above $550 and declined recently against the US Dollar. There is a crucial bearish trend line formed with resistance at $535 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to…
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bitcoin Price Analysis: BTC/USD Increasing Demand ahead of BCH Hard Fork Aside from regulatory involvement, uncertainty in other blockchains often draws demand for bitcoin as a store of value. It did happen before and three days before bitcoin Cash software upgrade, capital could flow into bitcoin lifting prices above $6,600 igniting short term bulls aiming…
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XLM/USD, ADA/USD Gains Setting Pace for Inevitable Altcoin Price Recovery Even with ball park +75 percent losses from 2017 highs, the altcoin market is ripe for a reversal as XLM/USD and ADA/USD reject lower lows. Meanwhile, EOS/USD and LTC/USD are near important support levels and today could determine short term price trajectory. Let’s have a…
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