BCH to USD Price Chart:
Bitcoin Cash (BCH) is usually known for following the trend of Bitcoin in the market. The same has also helped the coin to improve its momentum. The coin is anticipated to rise in the upcoming time. The current scenario of the coin seems better. Where many coins are falling, BCH opened the day with an upsurge.
Let’s have a look at the weekly chart. The coin opened at $335.1 on 7th August. The coin escalated by 0.88% to $338. Next day, the coin fell from $338 to $330 by 2.27%. On 9thAugust, the coin continued the downtrend. The price changed from $330 to $323 by 2%. There was a moderate improvement in the coin on 10th August.
On 11th August, the price changed from $323 to $335 by 3.84%. The coin slipped from $335 to $329 by 1.2% on 12th August. Today, the coin opened with an escalation. The price changed from $329 to $339. The coin is expected to close with a positive digit. The future of the coin is bright. Investing for the long-term wouldn’t go futile.
DASH to USD Price Chart:
Dash is expected to rise in the upcoming days. The coin experienced a bump in the road, but it again picked the pace. We are expecting a flourishing time in the future.
Looking at the week-long chart, we can observe that the coin is at a moderate loss which could be recovered in future. On 7th August, the coin started the week with an upsurge. The price counters changed from $106.7 to $107.9 by 1.11%. The coin slipped from $107 to $106 by 1.45% on 8th August. The downtrend continued on 9th August. The price fell from $106 to $104 by 1.97%.
On 10th August, the price counters changed with regression from $104 to $99 by 4.98%. On 11th August, the price jumped from $99 to $107 by 8.14%. On 12th August, the price slipped from $107 to $104. Today, the coin escalated again from $104 to $107. The coin would soon recover the price. The currency is expected to give a colossal result to the long-term investors.
MKR to USD Price Chart:
Maker is currently trading at $503 with a market cap of $480,351,070. The coin has reflected a great potential in the past and so the traders have high expectation from the coin.
Maker is reflecting a downtrend in the coin. The coin started at $560 and slipped to $537 by 4.01%. On 8th August, the coin dropped from $537 to $526 by 2.13%. On 9th August, the coin continued the downtrend. The price changed from $526 to $514 by 2.25%. On 10thAugust, the coin slipped from $514 to $487 by 4.92%. On 11th August, the coin jumped from $487 to $516 by 6.11%.
On 12th August, the coin slipped from $516 to $502 by 5%. The coin is expected to keep the same trend. The upcoming period would bring a great fortune to the short-term traders.
Bitcoin Cash (BCH/USD) forecast and analysis on August 20, 2019
Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 316. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the upper border of the Bollinger Bands indicator stripes.
Bitcoin Cash (BCH/USD) forecast and analysis on August 20, 2019
As part of the Bitcoin Cash forecast, a test of level 322 is expected. Where can we expect an attempt to continue the fall of BCH/USD and the further development of a downward trend. The purpose of this movement is the area near the level of 295. The conservative area for sales of Bitcoin Cash is located near the upper border of the Bollinger Bands indicator strip at 325.
The cancellation of the option to continue the depreciation of Bitcoin Cash will be a breakdown of the area of the upper border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair above the area of 330. This will indicate a change in the current trend in favor of the bullish for BCH/USD. In case of breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.
Bitcoin Cash (BCH/USD) forecast and analysis on August 20, 2019 implies a test level of 322. Further, it is expected to continue falling to the area below the level of 295. The conservative area for selling Bitcoin Cash is located area of 325. Canceling the option of falling cryptocurrency will be a breakdown of the level of 330. In this case, we can expect continuation growth.
Bitcoin Cash market overview: BCH/USD lethargic bullish momentum stalls at 61.8% Fib level
- Bitcoin Cash remains bulls despite the confrontation at $330 resistance.
- Several support areas are ready to prevent declines from paralyzing the bulls.
Bitcoin Cash failure to break above $360 during the trading sessions last week. This left a gap that the bears wasted no time exploring. BCH/USD bearish action trimmed the gains first below the moving averages. The tentative support around the 38.2% Fib retracement level taken between the last drop from a high of $358.16 to a low of $267.35 close to $300.
The negative volatility surged sending Bitcoin Cash briefly under $270. A low established at $267.35 allowed the rebound above $300. The battle to break the resistance at $330 is yet to be won. Instead, Bitcoin Cash is trading sideways in a narrow range between the confluence created by the 50% Fib level and the 50 Simple Moving Average (SMA) and $330 hurdle.
Several support areas are ready to prevent declines from paralyzing the bulls. They start from the above-mentioned confluence, $310, $300 and $290.
The trend is still inclined to the positive despite the inability to break above $330. The full stochastic oscillator brushed shoulders with 70. However, a possible retreat is likely to signal a reversal.
BCH/USD 1-hour chart
Bitcoin Cash Price Analysis: BCH Records 9% Downtrend in 7 days Trading Below $310
- BCH may go bullish to climb upto $350 again in the next 2 weeks
- BCH may close today at $310 or above
The last 7 days have been a bumpy ride for the BCH token holders especially when the coin slumped steeply from $357 to $276. But, this may change soon and it may rise upto $350 again in the next 2 weeks of this month. The current market statistics also indicate a surging trend ahead when the coin may also cross $350 value for a brief moment.
BCH to USD Price Statistics:
In the last 7 days, BCH token has recorded a downtrend of over 9% dipping from $336.42 to its current value at $306.08 as on August 18, 2019, at 08:27:09 UTC. The coin started climbing up in the beginning and surged up to $357.49, but then it dropped almost steeply to reach as low as $276.22 around August 15. BCH has picked up some pace since then and may cross $310 soon.
- The price of BCH token is now $306.08 and 0.03015062 BTC
- The market cap has reached $5,495,593,966
- The ROI of the coin stands at -44.94%
- The circulating supply is now 17,953,788 BCH
The lowest recorded value of BCH token yesterday was $301 and it is already much above this value today. The coin seems to be headed in an upward direction and may take its traders on a sudden upward surge by climbing up to $310 soon.
Bitcoin Cash Price Prediction:
The highest recorded value of Bitcoin Cash in the last 90-days was $522 and in the last 30 days, it was $353. The coin may cross $350 by the end of this month and may start trading between $350 and $500 in the next 2 months. It is only a matter of time for BCH token to gain mass adoption, which may further push this crypto towards rising trends.
This can be regarded as a good phase to plan long term bulk investments in the BCH token and save for future benefits.