Archive | BCH

Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines

Key Points Bitcoin cash price remained in the bearish zone below the $310 level against the US Dollar. Yesterday’s highlighted crucial descending channel pattern with current resistance at $311 on the hourly chart of BCH/USD (data feed from Kraken) is intact. The price may continue to decline and might fail on rallies towards $310-320. Bitcoin […]

Bitcoin Cash Price Technical Analysis – BCH/USD Struggle Continues

Key Points Bitcoin cash price continued to move down and currently trading below the $320 level against the US Dollar. There is a crucial descending channel pattern with resistance at $315 forming on the hourly chart of BCH/USD (data feed from Kraken). The price may extend its decline and might soon test the $275 support […]

BitGo Wallet Finalizes Integration of Bitcoin Cash

BitGo is one of the most renowned companies in all of Bitcoin and cryptocurrency. The company made a name for itself by focusing on multisignature technology, which is integrated into its solutions by default. Having such a valuable industry leader acknowledge Bitcoin Cash in a positive manner is significant. BitGo has now provided a tool connected to the BCH […]

Bitcoin Cash Price Technical Analysis – BCH/USD To Extend Declines

Key Points Bitcoin cash price failed to move past the $360 level against the US Dollar and started trading lower. There is a major descending channel pattern with resistance at $310 forming on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to decline and could even test the $280-275 support […]

What’s New With Bitcoin Cash?

Bitcoin Cash has been evolving significantly in recent days. Most people have continued keeping a close eye on the BCH price, which is not entirely surprising. However, it seems a lot more is happening behind the scenes, showing that this ecosystem is slowly growing. Do keep in mind this altcoin has only been around for a little over a […]

Bitcoin Cash Price Technical Analysis – BCH/USD Testing Support

Key Points Bitcoin cash price continued to move down and traded towards the $270 support against the US Dollar. There was a break above a connecting bearish trend line with resistance near $300 on the hourly chart of BCH/USD (data feed from Kraken). The price failed to gain momentum after the break and continued to […]

Bitcoin Cash Price Technical Analysis – BCH/USD Attempting Upside Break

Key Points Bitcoin cash price is trading in a tiny range above the $320 level against the US Dollar. There is a major contracting triangle pattern with resistance near $360 forming on the hourly chart of BCH/USD (data feed from Kraken). A break and close above the $360 level might call for more gains in […]

Bitcoin Cash Price Technical Analysis – BCH/USD False Break

Key Points Bitcoin cash price recently surged above the $400 level against the US Dollar, but quickly reversed gains. There was a break below a bullish trend line with support at $330 on the hourly chart of BCH/USD (data feed from Kraken). The price may move higher once again, but faces many resistances such as […]

Bitcoin Cash Mining Difficulty Adjustments Help The Network Adjust and Grow

The Bitcoin Cash network will require some time before it finds its place in the world. With some mining difficulty readjustments now behind it, things are slowly falling into place. It seems the network is gradually hitting its stride, even though the difficulty is a lot lower compared to that of Bitcoin itself. Additionally, mining Bitcoin […]

Australia’s BTCMarkets Exchange Enables Bitcoin Cash Trading Against AUD and BTC

Australia is a bit of an odd country when it comes to cryptocurrency. It seems all local exchanges generate little trading volume for all currencies. BTCMarkets is one of the few companies providing such cryptocurrency exchange services in the region. They now have Bitcoin Cash trading enabled against the Australian Dollar and Bitcoin. Do keep […]

Bitcoin Cash Price Technical Analysis – BCH/USD Correction Limited

Key Points Bitcoin cash price after a ride started a downside move and traded towards $240 against the US Dollar. There was a break above a bearish trend line at $260 recently on the hourly chart of BCH/USD (data feed from Kraken). The price may correct further towards $340-360, but upsides remain limited. Bitcoin cash […]

Bitcoin Cash Network Stats Hint at Low TX Fees and High-Value Transactions

Now that the Bitcoin Cash ecosystem is finally off the ground, it will be interesting to see how things evolve over time. As it happens, there are some fascinating statistics already. Many coins have been transferred across the network over the past 24 hours, even though the number of blocks on the network is still fairly low. All of […]