Bitcoin Cash resurfaces above $330 as bulls return. The recovery has legs from the tremendous support at $300. Following a few days of enduring extreme bear pressure, Bitcoin Cash price and has surfaced above the horizon. The entire market is also in the green as bulls come back on a revenge mission. The painful downtrend from the weekend sessions embraced an avalanche of support above $300. However, as discussed yesterday there was a sharp dive to $290. A rebound followed settling BCH above $300. Bitcoin Cash breakout on Wednesday has explored the levels above $330. While glancing at $340, a high formed at $337.97. Nonetheless, correction from the highs found support above $325. At press time, Bitcoin Cash is trading at $330. It is supported by the ascending trendline. Other support levels range from the 21 Exponential Moving Average (EMA), $315, the 100 Simple Moving Average (SMA) 1-hour at $310 and $300. Looking at the technical levels, Bitcoin Cash buyers have their eyes set on $400. The 50 SMA has crossed above the 100 SMA at $309. This means that BCH is likely to consolidate higher before the next breakout. 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 Gold holds steady near $1430 area, awaits Fed for fresh directional impetus FX Street 4 years Bitcoin Cash resurfaces above $330 as bulls return. The recovery has legs from the tremendous support at $300. Following a few days of enduring extreme bear pressure, Bitcoin Cash price and has surfaced above the horizon. The entire market is also in the green as bulls come back on a revenge mission. The painful downtrend from the weekend sessions embraced an avalanche of support above $300. However, as discussed yesterday there was a sharp dive to $290. A rebound followed settling BCH above $300. Bitcoin Cash breakout on Wednesday has explored the levels above $330. While glancing at $340, a… 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.
