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  • Bitcoin Cash held healthy gains in the latter stages of trading on Tuesday, over 7% in the session.
  • BCH/USD major near-term challenge ahead, bulls must breakdown supply zone within $650 area, for further chunky upside. The price last faltered here btween 3-4 September.
  • A panel of experts at Finder within their latest cryptocurrency report, the median expectation across 9 analysts, anticipate Bitcoin Cash to be at $739 by the end of the year.  

 

BCH/USD daily chart  


 
 

Spot rate:                   611.5

Relative change:       +7.16%

High:                          619.7

Low:                           541.4

 

Trend:                        Bullish

 

Resistance  1:            640.0, supply area.  

Resistance  2:            636.4, 1st September.

Resistance  3:            626.5,  daily pivot point resistance.

Support 1:                 524.8, 100DMA.

Support  2:                  520.6,  daily pivot point support.

Support  3:                 482.4, 50DMA.