Bitcoin Cash [BCH]: Could March 2020 levels be invalidated in weeks to come - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Bitcoin Cash [BCH]: Could March 2020 levels be invalidated in weeks to come

PublisherPublisher
AMB Crypto

Thu, May 19, 2022

Banner

Aliens TLDR

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash has a +0.99 price correlation with Bitcoin , which meant that the movement of Bitcoin Cash on the charts pretty much follows the movement of Bitcoin.

From June 2021 to December 2021, Bitcoin Cash ranged from $732 to $400.

Since November 2021, Bitcoin Cash has been in a steady downtrend and slipped beneath the longer-term range lows at $400.

Usually, a move back above 40 on the RSI can be said to indicate weakening bearish momentum, but that has not yet transpired for Bitcoin Cash.

Bitcoin Cash is bound to follow Bitcoin’s trend, and if Bitcoin can not break out past the $30k and $32k levels in the weeks to come and instead drops below the $28.5k level once more, fresh lows can be expected for BCH as well

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Bitcoin Getting Heavily Accumulated as Number of 10K BTC Addresses Soars

Whales have been accumulating Bitcoin heavily on the dip
U.Today
·

8h

Bitcoin

Recommended Stories

Article

Is Bitcoin [BTC] doing enough to allure deeply-affected miners

Article

How NFTs in the metaverse can improve the value of physical assets in the real world

Article

This Week in Coins: Bitcoin and Ethereum Lead Sizable Recovery Among Top Cryptocurrencies

Article

Ethereum's Arbitrum to Be Used by Norwegian Government, Here's How

Article

Norwegian Government ‘Embracing Public Ethereum’, Says Symfoni Founder and CEO

Article

Axie Infinity traders should know this reason behind 40.66% rally of AXS

Article

Yuga Labs Lawsuit Accuses Ryder Ripps of 'Scamming Consumers' With Fake Bored Apes

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise