The price continued to decline below $300 and tested $260 congestion zone. Expect the price to stay below $300 in the coming sessions heading to the weekend session. Bitcoin Cash continues to trade between a wide range between $260 and the upper limit at $340. There was a correction from the new 2019 highs around $351. The price continued to decline below $300 and tested $260 congestion zone. In the last week, the price stayed below the 100 simple moving average (SMA). Meanwhile, while trading within the range at $281.26 technical analysis shows that the price will continue to trade above $260. However, traders should expect the price to stay below $300 in the coming sessions heading to the weekend session. According to the RSI, the growing bullish momentum is likely to get stronger as the buyers get more confident in the trend. However, the MACD is still stuck in the negative zone to show that the bearish influence is still present. BCH/USD 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/TRY clinched 2019 highs beyond 5.96 on CBRT FX Street 4 years The price continued to decline below $300 and tested $260 congestion zone. Expect the price to stay below $300 in the coming sessions heading to the weekend session. Bitcoin Cash continues to trade between a wide range between $260 and the upper limit at $340. There was a correction from the new 2019 highs around $351. The price continued to decline below $300 and tested $260 congestion zone. In the last week, the price stayed below the 100 simple moving average (SMA). Meanwhile, while trading within the range at $281.26 technical analysis shows that the price will continue to trade… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
