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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on August 23, 2019

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 297. 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 lower border of the Bollinger Bands indicator stripes.

Bitcoin Cash (BCH/USD) forecast and analysis on August 23, 2019

As part of the Bitcoin Cash forecast, a test of level 305 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 275. The conservative area for sales of Bitcoin Cash is located near the upper border of the Bollinger Bands indicator strip at 332.

Bitcoin Cash (BCH/USD) forecast and analysis on August 23, 2019

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 the closing of quotations of the pair above the area of ​​336. 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 23, 2019 implies a test level of 305. Further, it is expected to continue falling to the area below the level of 275. The conservative area for selling Bitcoin Cash is located area of 332. Canceling the option of falling cryptocurrency will be a breakdown of the level of 336. In this case, we can expect continuation growth.

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on September 18, 2019

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 306. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish 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 September 18, 2019

As part of the Bitcoin Cash forecast, a test of level 304 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 321. The conservative area for buying Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 297.

Bitcoin Cash (BCH/USD) forecast and analysis on September 18, 2019

Cancellation of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as the moving average with a period of 55 and closing of quotations of the pair below the area of ​​290. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect acceleration of the cryptocurrency fall.

Bitcoin Cash (BCH/USD) forecast and analysis on September 18, 2019 implies a test level of 304. Further growth is expected to continue to the area above the level of 321. The conservative area for buying Bitcoin Cash is located area of 297. Cancellation of the growth option of cryptocurrency will be a breakdown of the level of 290. In this case, we should expect a further fall.

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Bitcoin Cash

Will Bitcoin Cash Price Go on An Upward Swing?

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Bitcoin Cash price has undergone a lot of variations due to the ongoing bearish sentiment in the crypto market. However, the price trend over the past seven days has given the investors some reason to smile as the price though under bear pressure has still managed to move above the baseline. The price of Bitcoin Cash has been fluctuating in the range of $293 – $310, indicating that BCH coin is trying to move upwards.

Bitcoin Cash Price Analysis & Forecast

The price of BCH coin has seen a lot of variations with the bears continually putting pressure on its price over the past seven days. Still, the Bitcoin Cash price has managed to hold its ground over the past 2-3 days and has been rising. From a high of $306.3095 on September 10, the price fell to $293.9935 on the next day to the extent of 4.01%. On September 12, BCH price managed to make a recovery at $301.5392 to the tune of 2.49%. But again, within a day, Bitcoin Cash went down to $297.5062 to the extent of 1.29%. From here, BCH price started moving upwards and reached $309.6053 on September 16 to the tune of 4.07%. Today the price has fallen slightly to $307.3630, fall being to the extent of 1.04%.

BCH to USD Price Chart

Bitcoin Cash Chart
Bitcoin Cash Price Chart by TradingView

Bitcoin Cash price had a moderate opening at the beginning of the year, and it continued this flattish trend till April. From April, the bulls took over and the price surged in the upward direction till the end of June. Then, the bears set in the crypto market and turned the tide for Bitcoin Cash and the price started going downwards. Now, BCH price is still reeling under bear pressure but somewhat showing a stable run. The short-term trend is expected to be bearish and the price is expected to move upwards by the year-end.

Long-term investors should hold on to their investments as the current market scenario may not give much returns. Short-term investors should invest only at their own risk.

Source.cryptonewsz.

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on September 17, 2019

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 307. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish 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 September 17, 2019

As part of the Bitcoin Cash forecast, a test of level 303 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 322. The conservative area for buying Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 293.

Bitcoin Cash (BCH/USD) forecast and analysis on September 17, 2019

Cancellation of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower 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 below the area of ​​285. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper 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 September 17, 2019 implies a test level of 303. Further growth is expected to continue to the area above the level of 322. The conservative area for buying Bitcoin Cash is located area of 293. Cancellation of the growth option of cryptocurrency will be a breakdown of the level of 285. In this case, we should expect a further fall.

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