Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH

Bitcoin Cash price is holding the key $205 support against the US Dollar. BCH could start a fresh increase if it stays above the $205 and $200 support levels. Bitcoin cash price started a fresh decline below the $230 level against the US Dollar. The price is trading below $220 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $217 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could start a fresh increase unless there is a move below $200. Bitcoin Cash Price Holds Support In the past few days, Bitcoin Cash....

Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase. Bitcoin is recovering higher from the $35,000 support zone. The price is currently well below $37,000 and the 100 hourly simple moving average. There was a […]

Bitcoin Cash price is holding the key $220 support against the US Dollar. BCH seems to be aiming for a fresh increase unless there is a move below $220. Bitcoin cash price is showing positive signs above the $220 level against the US Dollar. The price is trading above $220 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support near $238 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could start a fresh increase unless there is a move below $220. Bitcoin Cash Price Holds Support In the past few days, Bitcoin Cash....

Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a strong dollar? TD Sequential Triggers Anti-Correlated Signals On BTCUSD, DXY Weeks ago, we posed the question if or not the Dollar Currency Index making new highs in 2021 was a dangerous situation for Bitcoin. After more than $10,000 per coin was wiped off the price of BTC, the answer was a resounding yes. But much like the cryptocurrency uptrend in late 2020 and early 2021 came to an abrupt halt, even the....

Litecoin price is struggling to gain pace above $66.40 against the US Dollar. LTC could revisit the $60 support before the bulls take a strong stand. Litecoin is correcting losses from the $63 support zone against the US Dollar. The price is now trading below $66 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $65.50 on the 4-hour chart of the LTC/USD pair (data feed from Kraken). The price could drop toward the $60 support before it starts a fresh increase. Litecoin Price Signals Bearish Move This past week, there was a fresh....