Cryptopolitan
2021-09-14 03:45:54

Bitcoin Cash Price Analysis: BCH pulled to $613 after yesterday rejection at $650

TL;DR Breakdown Bitcoin Cash price analysis is bullishBCH/USD retraced and set a higher low yesterday.BCH is set to break $650 once again Bitcoin Cash price analysis is bullish for today as the market retraced yesterday and set another higher low. Therefore, we expect BCH/USD to continue rallying and break above the $680 mark once again. Cryptocurrency heat map. Source: Coin360 The overall market traded in with mixed signals after some coins recorded gains while others posted losses. Bitcoin and Ethereum gained 0.25 percent and 0.21 percent respectively. Market losers include XRP, ADA, BNB, and SOL. Bitcoin Cash price movement in the last 24 hours: Bitcoin Cash sets another higher low BCH/USD traded in a range of $608 – $619, indicating mild volatility over the last 24 hours. Trading volume totals $18.73 billion which is up by 11.89 percent from yesterday. Meanwhile, the total market cap trades around $11.4 billion, resulting in a market dominance of 0.56 percent. BCH/USD 4-hour chart: BCH set to break $650 again? On the 4-hour BCH/USD chart on our Bitcoin cash price analysis, we can see growing momentum as the bulls consolidate strength to rally and set higher lows in the next 24-hours. BCH/USD 4-hour chart. Source: TradingView Bitcoin Cash price action has struggled to move higher over the past weeks as it targets the $680 – $700 region. After finding resistance around $690 in the middle of August, a several-week cons...

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