Home / Bitcoin Price Predictions / Bitcoin Cash prediction | analysis BCHUSD October 26, 2017
Bitcoin Cash prediction | analysis BCHUSD October 26, 2017

Bitcoin Cash prediction | analysis BCHUSD October 26, 2017

Bitcoin Cash prediction Bitcoin cash BCHUSD failed to capitalize on the recent gains above $320 against the US Dollar and declined. Cryptocurrency

There is a short-term bearish trend line forming with current resistance at $328 on the hourly chart of BCH/USD (data feed from Kraken).

The price might continue to trade in a range above the $300 level in the near term.

Bitcoin Cash prediction | analysis BCHUSD October 26, 2017

There was an upside move in Bitcoin cash Cryptocurrency yesterday towards $335 against the US Dollar. The price failed to hold on to gains above $335 and started a downside move. There was not even a complete test of the $340-350 resistance area. It was successful in moving above the 38.2% Fib retracement level of the last drop from the $358 high to $305 low.


Bitcoin Cash prediction

However, the upside move was protected by a short-term bearish trend line with current resistance at $328 on the hourly chart of BCH/USD. Moreover, the price also failed to settle above the 50% Fib retracement level of the last drop from the $358 high to $305 low. Therefore, a downside was initiated and the price moved below $320. At present, it is consolidating above the $310 level and the all-important $305-300 support is still intact.

Historical data for Bitcoin Cash

Currency in USD

  Sep 25, 2017 – Oct 25, 2017 

DateOpenHighLowCloseVolumeMarket Cap
Oct 24, 2017315.90340.45311.48326.89267,442,0005,278,410,000
Oct 23, 2017330.67332.28309.87315.60191,558,0005,524,790,000
Oct 22, 2017323.50355.52323.50331.66355,546,0005,405,020,000
Oct 21, 2017326.75328.45317.46323.36129,938,0005,458,980,000
Oct 20, 2017330.90332.98323.08327.44160,204,0005,527,860,000
Oct 19, 2017339.27339.27326.27330.81195,578,0005,667,070,000
Oct 18, 2017373.65376.18313.77339.17477,184,0006,240,990,000
Oct 17, 2017313.70394.96309.64371.731,008,160,0005,239,520,000
Oct 16, 2017315.26318.02310.52313.64117,797,0005,265,400,000
Oct 15, 2017322.42323.59307.68314.95133,385,0005,384,760,000
Oct 14, 2017321.54327.42317.35321.96164,137,0005,369,720,000
Oct 13, 2017314.15323.08304.38321.46288,210,0005,242,630,000
Oct 12, 2017315.47330.13310.71313.21262,066,0005,262,390,000
Oct 11, 2017320.20321.26312.13314.90131,577,0005,341,000,000
Oct 10, 2017313.22352.02311.70321.59367,809,0005,224,170,000
Oct 09, 2017342.76342.76289.04314.16288,075,0005,716,320,000
Oct 08, 2017360.09362.46337.00342.21203,754,0006,004,940,000
Oct 07, 2017363.60364.88356.06360.7891,004,0006,062,860,000
Oct 06, 2017355.44371.28354.96363.01182,031,0005,926,540,000
Oct 05, 2017358.42371.19348.45355.75268,341,0005,971,260,000
Oct 04, 2017404.20404.45354.55358.45251,584,0006,729,640,000
Oct 03, 2017421.79421.79395.74404.18130,247,0007,022,370,000
Oct 02, 2017415.87430.86411.84421.19219,590,0006,921,580,000
Oct 01, 2017433.38436.94415.15415.15164,290,0007,207,770,000
Sep 30, 2017436.64445.62432.53432.63150,565,0007,258,880,000
Sep 29, 2017447.66447.92426.99436.77148,725,0007,441,960,000
Sep 28, 2017456.71465.20433.50447.81300,421,0007,592,000,000
Sep 27, 2017441.86460.00439.41457.31197,885,0007,343,490,000
Sep 26, 2017445.36458.25441.83441.83165,303,0007,400,020,000
Sep 25, 2017419.65450.13419.65445.80302,272,0006,971,280,000

Bitcoin Cash prediction

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Bitcoin Cash prediction | analysis BCHUSD October 26, 2017

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