Bitcoin Cash (BCH) is currently trading at $196.18, with a market cap of $3.7 billion and a circulating supply of 19.4 million. According to the daily chart, the Bitcoin Cash price may continue to face the upside and this could make the coin hit the nearest resistance level of $205. However, it is likely for the coin to slide below the lower boundary of the channel if the bears step back into the market. Meanwhile, today’s low at $189.85 may now serve as strong support for the coin, therefore, if it is broken, the sell-off may be extended to $150.BCH/USD is seen moving from $189.89 to the cross above the 9-day and 21-day moving averages to hit the resistance level of $200. The key resistance levels are $295, $305, and $315, while the key support levels are $100, $90, and $80.Against Bitcoin, the Bitcoin Cash (BCH) is demonstrating a positive sign within the 9-day and 21-day moving averages. However, the trend is ranging in the short-term and may cross above the moving averages. BCH/BTC is currently changing hands at 752 SAT and could spike toward the upper boundary of the channel.An alternative to Bitcoin Cash is the Wall Street Memes (WSM) token, which is rated a “buy” because the current presale price remains attractively inexpensive. The token has raised over $25 million so far and has been featured on BeInCrypto, Bitcoinist, and Yahoo Finance. Tweets about the token have even been replied to by Elon Musk.Join our Telegram channel to stay up to date on breaking news coverage.
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 8 |
| People | Elon Musk |
| Companies | Bitcoinist, Yahoo Finance, Wall Street Memes, OpenSea, BeInCrypto, Bitcoin Cash |
| Currencies | Ethereum, Wall Street Games, Bitcoin |
| Securities | None |
