- Bitcoin Cash price is seen up on Tuesday around 2.5%, as price receives decent boost to take it back above $700 mark.
- It was reported that a US House of Representatives member Bob Goodlatte has disclosed that he owns as much as $80,000 in Bitcoin, Bitcoin Cash and Ethereum. This follows after The House Ethics Committee informing all lawmakers, that they must disclose their holdings.
BCH/USD 60-minute chart
Spot rate: 707.4
Relative change: +2.40%
High: 713.0
Low: 688.2
Trend: Bullish
Support 1: 704.9, 100MA.
Support 2: 699.6, 50MA
Support 3: 689.0, key near-term demand area support.
Resistance 1: 713.0, today’s (Tuesday) high and (resistance on 60-minute chart).
Resistance 2: 738.9, 4th August high & supply zone.
Resistance 3: 745.0 (resistance on 60-minute chart) & previous strong area of support.