On Wednesday, Bitcoin Cash broke below yesterday’s support of $1,125, now approaching the $1,110 territory.
Earlier in the day, BCH/USD reached a high of $1,160 before a major cryptocurrency selloff occurred.
BCH/USD managed to recover from the latest selloff, now forming a bullish trend line after holding support at $1,090.
Bitcoin Cash Fails to Hold Support
On Wednesday morning, Bitcoin Cash broke below yesterday’s support of $1,125, now trading in the $1,110 territory and holding support at $1,090. However, the price decline didn’t last long to reach a Fib retracement level of $1,075. From its support …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
Powered by WPeMatico
Leave a Reply