Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH

Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH

Bitcoin Cash price is holding the key $180 support against the US Dollar. BCH seems to be aiming for a fresh increase toward the $205 and $220 levels.
Bitcoin cash price is showing positive signs above the $180 level against the US Dollar.
The price is trading below $200 and the 100 simple moving average (4 hours).
There was a break above a major bearish trend line with resistance near $189 on the 4-hour chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to accelerate higher if it clears $197 and $200.
Bitcoin Cash Price Aims Higher
In the past few days, Bitcoin Cash price saw a steady decline below $205. BCH even traded below the $195 level, but the downsides were limited compared to Bitcoin and Ethereum.
The price remained well-bid near the key $180 support. A low has formed near $180 and the price is now attempting a fresh increase. It broke the $185 level. There was a break above a major bearish trend line with resistance near $189 on the 4-hour chart of the BCH/

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We współpracy z: https://www.newsbtc.com/analysis/bch/bitcoin-cash-price-fresh-increase-btc-and-eth/

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