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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Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

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Bitcoin Cash prediction | analysis BCHUSD October 26, 2017

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