Bitcoin Cash Price Prediction: BCH/USD Price Follows the Sideways Movement as the Coin Holds $220 Level
BCH Price Analysis – March 31
The daily chart reveals that the Bitcoin Cash seems to be caught between the bull and the bear as the price of the cryptocurrency fluctuates in sideways.
Resistance levels: $275, $295, $315
Support levels: $155, $135, $115
BCH/USD has been showing an uneven movement with several falls more than rises and it has not been able to maintain a consistent bullish run. More so, BCH/USD may continue to show some signs of a downward movement slowly till the latter part of the day. Meanwhile, for the past few days, the market has been forming a pattern where the day begins with either having an uptrend or downtrend, but towards the end, it reverses.
Looking at the daily chart, BCH/USD price has continued to consolidate itself in a flag formation, waiting for a cross below the 9-day … Read more