The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin fluctuates between $360 and $390. Incidentally, support at $360 is the previous low of the December 4 price drop.
During the December 4 slump, bulls bought the dips as the price corrected to the $480 high. The cryptocurrency was in a fluctuation range between the prices of $430 and $480. On December 27, the bulls tested the resistance zone of $480 again, which led to another downward movement. BCH dropped to the previous low of $360 and continued to move within the trading range. BCH/USD is trading in the oversold zone of the market. If the current support holds, the uptrend will resume. Otherwise, the downward correction will continue.
ការអានសូចនាករសាច់ប្រាក់ Bitcoin
Bitcoin Cash is at level 34 of the Relative Strength Index for period 14. BCH is in the downtrend zone and below the centre line 50. BCH price bars are below the 21-day line and the 50-day moving averages line, indicating a possible decline. BCH is below the 20% area of the daily stochastic. The cryptocurrency is in the oversold region of the market.
សូចនាករបច្ចេកទេស
តំបន់តស៊ូគន្លឹះ៖ ២២០ ដុល្លារ, ២៤០ ដុល្លារ, ២៦០ ដុល្លារ
តំបន់ជំនួយសំខាន់ៗ៖ ១៦០ ដុល្លារ ១៤០ ដុល្លារ ១២០ ដុល្លារ
តើអ្វីជាការផ្លាស់ប្តូរបន្ទាប់សម្រាប់ Bitcoin Cash?
Bitcoin Cash is in a downward correction. The cryptocurrency value is moving in a range between $360 and $390. The altcoin will continue its trend if the fluctuation ranges are broken. Buyers have the advantage as the market has reached the oversold zone.
ការបដិសេធ។ ការវិភាគនិងការព្យាករណ៍នេះគឺជាគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធហើយមិនមែនជាអនុសាសន៍ក្នុងការទិញឬលក់គ្រីបគ្រីមៀរហើយមិនគួរត្រូវបានគេមើលឃើញថាជាការយល់ព្រមដោយកាក់អាយដល។ អ្នកអានគួរធ្វើការស្រាវជ្រាវដោយខ្លួនឯងមុនពេលវិនិយោគមូលនិធិ។
Source: https://coinidol.com/bitcoin-cash-bullish-expectation/