{"id":28362,"date":"2023-09-12T06:02:15","date_gmt":"2023-09-12T06:02:15","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/09\/12\/bitcoin-cash-price-signals-fresh-increase-despite-weakness-in-btc-and-eth\/"},"modified":"2023-09-12T06:02:16","modified_gmt":"2023-09-12T06:02:16","slug":"bitcoin-cash-price-signals-fresh-increase-despite-weakness-in-btc-and-eth","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/09\/12\/bitcoin-cash-price-signals-fresh-increase-despite-weakness-in-btc-and-eth\/","title":{"rendered":"Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Bitcoin Cash value is holding the important thing $180 help towards the US Dollar. BCH appears to be aiming for a contemporary enhance towards the $205 and $220 ranges.<\/em><\/p>\n<ul>\n<li>Bitcoin money value is exhibiting constructive indicators above the $180 degree towards the US Dollar.<\/li>\n<li>The value is buying and selling beneath $200 and the 100 easy transferring common (4 hours).<\/li>\n<li>There was a break above a significant bearish pattern line with resistance close to $189 on the 4-hour chart of the BCH\/USD pair (knowledge feed from Kraken).<\/li>\n<li>The pair is more likely to speed up greater if it clears $197 and $200.<\/li>\n<\/ul>\n<h2>Bitcoin Cash Price Aims Higher<\/h2>\n<p>In the previous few days, Bitcoin Cash value noticed a gradual decline beneath $205. BCH even traded beneath the $195 degree, however the downsides have been restricted in comparison with <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bearish-25600\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-capped-1620\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>.<\/p>\n<p>The value remained well-bid close to the important thing $180 help. A low has shaped close to $180 and the value is now trying a contemporary enhance. It broke the $185 degree. There was a break above a significant bearish pattern line with resistance close to $189 on the 4-hour chart of the BCH\/USD pair.<\/p>\n<p>The value is now testing the 23.6% Fib retracement degree of the downward transfer from the $238 swing excessive to the $180 low. However, Bitcoin Cash is now buying and selling beneath $200 and the 100 easy transferring common (4 hours).<\/p>\n<p>Immediate resistance is close to the $197 degree and the 100 easy transferring common (4 hours). The subsequent main resistance is close to $205 or the 50% Fib retracement degree of the downward transfer from the $238 swing excessive to the $180 low.<\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-550868\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468\" alt=\"Bitcoin Cash Price\" width=\"1024\" height=\"468\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-Cash.png?resize=1024%2C468?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\" data-recalc-dims=\"1\"\/><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BCHUSD\/\" target=\"_blank\" rel=\"noopener\">BCH\/USD on TradingView.com<\/a><\/p>\n<p>Any additional beneficial properties may lead the value towards the $220 and $225 resistance ranges in the close to time period. The subsequent main hurdle is close to the $240 degree.<\/p>\n<h2>Dips Supported in BCH?<\/h2>\n<p>If Bitcoin Cash value fails to clear the $205 resistance, it may begin a contemporary decline. Initial help on the draw back is close to the $185 degree.<\/p>\n<p>The subsequent main help is close to the $180 degree, the place the bulls are more likely to seem. If the value fails to remain above the $180 help, the value may take a look at the $168 help. Any additional losses may lead the value towards the $150 zone in the close to time period.<\/p>\n<p>Technical indicators<\/p>\n<p>4-hour MACD \u2013 The MACD for BCH\/USD is gaining tempo in the bullish zone.<\/p>\n<p>4-hour RSI (Relative Strength Index) \u2013 The RSI is presently above the 50 degree.<\/p>\n<p>Key Support Levels \u2013 $185 and $180.<\/p>\n<p>Key Resistance Levels \u2013 $197 and $205.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/bch\/bitcoin-cash-price-fresh-increase-btc-and-eth\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin Cash value is holding the important thing $180 help towards the US Dollar. BCH appears to be aiming for a contemporary enhance towards the $205 and $220 ranges. Bitcoin money value is exhibiting constructive indicators above the $180 degree towards the US Dollar. The value is buying and selling beneath $200 and the 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