Latest Bitcoin Cash price and analysis (BCH to USD)
25 Febrero 2020 - 11:53AM
Coin Rivet
Bitcoin Cash remains on the brink of a major correction after
suffering a 26% decline over the past 11 days. It is now hovering
above the $360 level of support despite momentarily rallying to
around $400 on Monday. The lack of positivity from a technical
perspective is in stark contrast to that of Ethereum which remains
in a bullish posture with daily candles consistently closing above
the $257 level of support. A break down in price from $360 will see
Bitcoin Cash test the 100 exponential moving average (EMA) at $327
with potential that it may slide all the way down to the 200 EMA
$307. In order to invalidate the current bearish bias it needs to
rally and close
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